What Is Occurring When Producers Charge Different Customers Different Prices

question 151

Multiple Choice

What is occurring when producers charge different customers different prices for the same good or service?

• A) price discrimination
• B) price management
• C) price regulation
• D) price maximization

---

Definitions:

Cognitive Appraisal Theory

The idea that our subjective experience of emotions is determined by a two-step process involving a primary appraisal of benefit or harm, and a secondary appraisal providing a more differentiated emotional experience.

Secondary Appraisal

The process of evaluating one's options and determining how to cope with a potential stressor after initially appraising its potential threat.

General Arousal

A physiological and psychological state of being awake or reactive to stimuli, encompassing both physical and emotional components.

Background Emotions

The underlying, often unconscious emotional states that influence individuals' perceptions and behaviors.