Examlex
Which of the following can NOT explain differences in earnings of men and women?
Price Premium
An additional amount that consumers are willing to pay for a product or service perceived to have a higher value compared to its competitors.
Customary Price
The price that consumers expect to pay for a particular product or service, based on their past buying experiences or the norm in a market.
Prestige Price
A pricing strategy where prices are set higher than average to create a perception of the product being exclusive or of superior quality.
Customary Pricing
A pricing method based on traditional prices for goods and services, often influenced by consumer expectations or market history.
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