In Industries with High Fixed Costs, Price Discrimination

question 98

Multiple Choice

In industries with high fixed costs, price discrimination:

• A) is less common.
• B) helps firms access more markets.
• C) cannot help firms cover fixed costs.
• D) is not practiced internationally.

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Definitions:

SAP

Systems, Applications, and Products in Data Processing; a global software corporation that specializes in enterprise software to manage business operations and customer relations.

Tracking Tool

Software or systems used to monitor the progress, performance, or location of objects, people, or data, facilitating analysis and decision-making.

Timetable

A scheduled plan of times at which events, classes, or transport services are intended to occur.

Budget Management

The process of planning, organizing, directing, and controlling the financial resources and spending of an organization or project to achieve its objectives.