Suppose You Sign-Up for a Membership at a Video Rental

question 72

Multiple Choice

Suppose you sign-up for a membership at a video rental store. When you sign-up you are charged a subscription fee, and in addition you will be charged for each video you rent. This is an example of:

• A)first-degree price discrimination.
• B)second-degree price discrimination.
• C)third-degree price discrimination.
• D)bundling.

---

Definitions:

Productive Work

Activities or tasks that result in the creation of value or services that contribute to economic or social advancement.

Young Adulthood

A developmental stage typically ranging from late teens to early thirties, characterized by exploration of personal and professional relationships and roles.

Intimate Relationships

Deeply personal and close connections between individuals, characterized by affection, love, trust, and intimacy.

Independence

The state of being self-reliant and not subject to control by others, often associated with the ability to make decisions and act on one's own.