Which of the Following Is an Example of Price Discrimination

question 30

Multiple Choice

Which of the following is an example of price discrimination?

• A)Increasing the price of a product when demand for the product increases.
• B)Charging different prices for a product in different regions of the country due to differences in transportation costs.
• C)Bundling complementary products to attract additional sales.
• D)Reducing the price of a product to reduce excess inventory.

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Definitions:

Cohort

A group of people born at about the same time and exposed to the same societal events; cohort effects are confounded with age in a cross-sectional study.

Developmental Research

The study of changes in behavior or abilities over time, often focusing on children as they grow and develop.

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Sequential Design

A research design in which participants or subjects are exposed to conditions in a sequential order to observe changes or effects over time.