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:

Recognition Test

A memory test that asks individuals to identify previously learned information from a list of options.

Eidetic Imagery

An unusually vivid and detailed type of memory, commonly referred to as photographic memory.

Three-Dimensional Objects

Objects that have depth, width, and height, enabling them to exist in a space that has three dimensions.

Widespread Storage

The distribution and retention of information or physical items across a broad spectrum of locations or systems.