Phillipo's Distribution Sells the Exact Same Gadget to Two Different

question 48

Multiple Choice

Phillipo's Distribution sells the exact same gadget to two different buyers; however one buyer gets a very discounted price. This is considered:

• A) smart business
• B) price discrimination
• C) predatory pricing
• D) discriminatory pricing
• E) competitive pricing

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Definitions:

Check Register

A record of checks written out, deposits made, and current balance; usually part of a ledger or separate financial tracking tool.

Split Payment

Split payment refers to a transaction where the total cost is divided and paid through multiple payment methods or by different parties.

Write Checks Window

A feature in accounting software that allows users to issue checks directly, recording the transaction in the financial records.

Types Of Bills

Various classifications of bills, including utilities, rent, subscriptions, and other payable charges.