Price Discrimination Explains Why High-Ranking Universities Often Set Rules That

question 15

Multiple Choice

Price discrimination explains why high-ranking universities often set rules that determine prices of admission based on the students:

• A)final high-school exam results
• B)sex
• C)age
• D)financial resources

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Definitions:

Transaction

An instance of buying or selling something; a business deal or financial arrangement between two parties.

Short-Term Debt Securities

Financial instruments that represent borrowed money which must be repaid within a short period, typically less than one year.

Money Markets

Refers to the financial markets dealing with short-term borrowing, lending, buying, and selling with original maturities of one year or less.

Foreign Currency

Money or a form of currency that is used in a country other than one's own, typically involved in foreign exchange markets for trading or investment purposes.