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:

Self-Promotion

The act of highlighting one's own skills, accomplishments, or qualities to advance personal or professional goals, often used in job searches or career advancement.

High Cohesiveness

The degree to which members of a group or organization are attracted to each other and motivated to stay in the group.

Sucker Effect

A reduction in effort by members of a group based on the perception that others are not making their fair share of effort.

Withhold Effort

Deliberately not giving one's full effort or capability, often in a work context.