In Controversial Move, Amazon

question 271

Multiple Choice

In controversial move, Amazon.com was caught manipulating its prices. Avid DVD buyers, buying in quantity for resale, found that the online retailer was offering different customers different prices for the same DVD, and complained vociferously. Company officials admitted that the company was trying to see how much it could charge for an item before buyers balked. Amazon was caught attempting

• A) horizontal price-fixing.
• B) price discrimination.
• C) resale price maintenance.
• D) predatory pricing.
• E) bait and switch pricing.

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Definitions:

Prezygotic

Referring to mechanisms that prevent fertilization or mating between species, such as geographical separation or timing differences in mating.

Postzygotic

Referring to events that occur after the formation of a zygote, affecting hybrid viability or fertility.

Phyletic Gradualism

Phyletic gradualism is an evolutionary model proposing that species evolve through gradual changes of traits over long periods of time.

Punctuated Equilibrium

A theory in evolutionary biology that suggests species evolve rapidly during short periods of time followed by long periods of stasis.