Examlex
All of the following statements are true EXCEPT:
Indirect Price Discrimination
A pricing strategy where different prices are charged for the same product or service in different markets or segments, not directly based on consumer characteristics.
No-Name Brand Wok
A wok (a versatile round-bottomed cooking vessel) marketed without a brand name, often implying it is generic or lesser-known.
Losing Customers
The process by which a business experiences a decline in its customer base due to various factors such as poor service, high prices, or better competition.
Profitably Self-Sort
A situation where consumers or entities voluntarily segregate themselves based on their preferences or profitability criteria, often observed in markets.
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