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:

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including materials, labor, and overhead.

Schedule of Cost

A detailed statement that shows the various costs associated with the production of goods or provision of services during a specific period.

Raw Materials

The basic materials from which products are made, often processed or combined with other materials in the production process.

Inventories

Assets held for sale in the ordinary course of business, or materials that will be consumed or used in the production of goods to be sold.