Which of the Following Is Not a Way by Which

question 34

Multiple Choice

Which of the following is not a way by which price discriminating firms can segment a market?

• A)on the basis of time of purchase, for example matinee theatre tickets
• B)by requiring an advance purchase, for example air travel tickets
• C)on basis of the buyer's location, for example requiring international students to pay higher tuition
• D)on the basis of the supplier's marginal cost of production, for example requiring customers to pay a premium for customizing options

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Definitions:

Valid

Relating to something based on sound reasoning, facts, or logic; often used in the context of arguments, research findings, or legal contracts.

Accurately Measures

The ability to correctly quantify or assess dimensions, quantities, or capacities using instruments or techniques.

Percentile

A statistical value that indicates the relative position of a number in a dataset, showing what percentage of the data lies below that value.

Test Norms

Statistical standards that allow the comparison of scores on a test to a larger, well-defined population.