What Is the Difference Between Uniform Pricing and Price Discrimination

question 44

Multiple Choice

What is the difference between uniform pricing and price discrimination?

• A)Uniform pricing and price discrimination are the same.
• B)With uniform pricing firms charge different prices for the same good or service and with price discrimination firms charge the same price for the same good or service.
• C)With uniform pricing firms charge the same price for the same good or service and with price discrimination the firms charge different prices for the same good or service.
• D)The uniform price is always higher than the discriminated price.

Interpret sales mix and sales quantity variances for decision-making.

Understand the role and calculation of budgeted and standard volumes in cost accounting.

Grasp the concepts of under-absorbed and over-absorbed overheads in cost management.

Identify the components and calculation of total overhead variance.

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Definitions:

Xer/o

A prefix in medical terminology meaning dry, often used to describe conditions of dryness in the body.

Hem/o

A prefix related to blood, used in medical terminology.

Hepat/o

A prefix associated with the liver.

Neur/o

A prefix related to nerves or the nervous system.