In General, Price Discrimination Exists Because

question 60

Multiple Choice

In general, price discrimination exists because:

• A) higher prices are required when costs are higher.
• B) lower prices are possible when profits are not a goal of the entrepreneur.
• C) higher prices are charged because some customers are willing to pay more.
• D) lower prices encourage arbitrage.

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Definitions:

Global Leadership Skills

Competencies and qualities required to lead and manage across cultures and countries, often including adaptability, cross-cultural communication, and strategic thinking.

Sabbatical

A period of paid or unpaid leave granted to an employee, especially an academic, for study or travel, traditionally every seventh year.

Multicultural Experiences

Experiences that expose individuals to cultures other than their own, potentially enhancing empathy, communication skills, and cultural understanding.

Directive Leadership

A leadership style where the leader tells team members what to do and how to do it, often with little input from them.