Which of the Following Would Be the Most Difficult Consumer

question 156

Multiple Choice

Which of the following would be the most difficult consumer characteristic for firms to use in price discrimination?

• A)gender
• B)age
• C)height
• D)educational attainment
• E)weight

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Definitions:

Relative Permanence

The quality of a negotiable instrument that ensures its longevity.

Signature

A person's handwritten mark or its digital equivalent used to signify agreement, consent, or identification.

Movability

The quality of a negotiable instrument that ensures it is mobile and available.

Negotiable Instruments

Negotiable instruments are written orders or unconditional promises to pay a fixed amount of money on demand or at a set time to the bearer or to the order of a specified person.