An Example of Second-Degree Price Discrimination Is

question 7

Multiple Choice

An example of second-degree price discrimination is:

• A)when you get an "early bird" discount by eating at a restaurant before 6:00 pm.
• B)when you sell something illegally to an individual through the mail.
• C)when you segment the market and charge individuals of different ages different prices for the same product or service.
• D)when you order 12 of something online and you pay less per unit than if you had bought only one.

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Definitions:

Short-termism

A tendency to prioritize immediate gains over long-term objectives and benefits.

Sustainable Activities

Actions and practices that do not deplete resources or harm natural cycles, ensuring long-term environmental balance.

Shareholders

Individuals or entities that own shares in a corporation, making them partial owners of the company with rights to dividends and voting in corporate matters.

CEO's Pay

The compensation package awarded to the chief executive officer of a corporation, including salary, bonuses, and stock options.