Which of the Following Businesses Is Most Likely to Be

question 190

Multiple Choice

Which of the following businesses is most likely to be able to increase its total revenues by employing price discrimination?

• A) an automobile dealership
• B) a retail furniture store
• C) a grocery store chain like Publix or Kroger
• D) a college or university

---

Definitions:

Will

A legal document expressing a person's wishes regarding the distribution of their property and the care of any minor children after their death.

Common Law Right

Rights derived from historical court decisions and customary practices rather than statutes.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is essential for most forms of life and is used in many industrial processes.

Domestic Usage

Practices or norms followed within a specific country, industry, or community, especially in the context of trade or contractual agreements.