Which of the Following Is a Real Example of Pricediscrimination

question 89

Multiple Choice

Which of the following is a real example of pricediscrimination?

• A)Airlines set different prices for business people and vacationers.
• B)Publishers charge high prices on hardback and low price on paperback books.
• C)IBM's regular version of a printer that prints at 10 pages per minute is more expensive than the Series E that prints five
• Pages per minute.
• D)All of these examples are real.

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Definitions:

Corporate Greed

The pursuit of excessive profit by businesses at the expense of ethical standards, workers' rights, and the public good.

Globalization

The process of increased interconnectedness and interdependence of the world's markets and businesses.

American Culture

A complex blend of customs, traditions, beliefs, and values that characterize the social behavior and societal norms in the United States.

The Internet

A global network of interconnected computers and servers that enables the sharing of information and communication across the world.