(Last Word): Alex Owns a Luxury Automobile and Regularly Purchases

question 128

Multiple Choice

(Last Word) : Alex owns a luxury automobile and regularly purchases high-end fashion items online.Kara drives an old sedan and does most online shopping on eBay and Amazon.Suppose both Alex and Kara search the same online retailer for a nice watch to give on Fathers Day.Based on Big Data and personalized pricing, we would expect

• A)Alex to see a higher price than Kara for the same watch.
• B)Alex and Kara to see the same price for a given watch.
• C)Alex to see a lower price than Kara for the same watch.
• D)that either Alex or Kara might see a higher price for the same watch, as algorithms randomly determine what price each consumer sees.

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Definitions:

Deinstitutionalization

The process of reducing reliance on large, centralized institutions, such as psychiatric hospitals, for the care of individuals with mental illness, favoring community-based services instead.

Community-Based Facilities

Local establishments designed to provide services or support to community members, often focusing on health, education, or social services.

Outpatient Care

Medical treatment provided to patients who do not require hospitalization and can return home after the procedure or consultation.

Dorothea Dix

An American activist who significantly contributed to the improvement of the treatment and conditions for the mentally ill in the nineteenth century.