When Exxoff Oil Corporation Offers Discounts Based on Credit Card

question 11

Multiple Choice

When Exxoff Oil Corporation offers discounts based on credit card records of gas quantities purchased,they are practicing:

• A) first-degree price discrimination.
• B) second-degree price discrimination.
• C) third-degree price discrimination.
• D) markup pricing.
• E) tying.

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Definitions:

Deltoid

A large, triangular-shaped muscle covering the shoulder joint that is responsible for rotating and lifting the arm.

Phrenic Nerve

A nerve that originates in the neck and passes down between the lung and heart to reach the diaphragm, crucial for breathing as it controls the diaphragm's movements.

Rectus Abdominus

A long muscle running from the pubis to the ribcage, involved in flexing the lumbar spine and stabilizing the pelvis and core.

Pectoralis Minor

A thin, triangular muscle located beneath the pectoralis major, involved in movements of the shoulder blade, including drawing it downward and forward.