An Example of First-Degree Price Discrimination Would Occur

question 57

Multiple Choice

An example of first-degree price discrimination would occur:

• A)if a sales agent illegally sold a commodity to a federal agent above the competitive market price.
• B)when you sell something illegally to an individual through the mail.
• C)if a car salesman could accurately guess the maximum amount each customer would be willing to pay for a vehicle and charge him/her that price.
• D)when you order 12 of something online and you pay less per unit than if you had bought only one.

Acknowledge the absence of advertising rivalry and brand differentiation in perfectly competitive markets.

Understand the distinction between acute stress disorder and posttraumatic stress disorder.

Recognize the characteristics and manifestations of dissociative disorders.

Describe cognitive-behavioral therapy approaches to treat stress disorders.

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Definitions:

Sensations

The way our nervous system and sensory receptors capture and convey energies stemming from stimuli in our surroundings.

Hypnosis

A trance-like state of focus and concentration achieved with the help of a therapist, used for therapeutic purposes.

Posthypnotic State

A condition after hypnosis in which the individual may carry out suggestions given during the hypnotic session.

Dissociation Theory

A psychological theory that explains a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.