Which of These Is NOT an Example of Price Discrimination

question 209

Multiple Choice

Which of these is NOT an example of price discrimination?

• A) soup companies sending coupons to select buyers
• B) retirees getting a discount at a local movie theater
• C) drug companies charging people living in wealthier countries higher prices for a drug than they charge people living in poorer countries for the same drug
• D) a novel printed in paperback that sells for more than the same book in an electronic format

Identify the distinction between low-context and high-context cultures and their communication preferences.

Understand the concepts and importance of ethical transparency and completeness in communication.

Recognize the significance of using communication technology effectively.

Analyze the dynamics of the social communication model and its impact on business.

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Definitions:

Legal Form

Refers to the legal structure or type of business entity, such as corporation, partnership, sole proprietorship, etc., which determines legal liabilities and taxation methods.

Revenue

The total amount of money received by a company for goods sold or services provided during a specific time period.

Percentage-Of-Completion

An accounting method that recognizes revenues and gross profit on long-term contracts in proportion to the work completed to date.

Gross Profit

The difference between sales revenue and the cost of goods sold, representing the basic profitability of the sales of goods and services.