A Price Discrimination Technique in Which the Price of a Product

question 36

Multiple Choice

A price discrimination technique in which the price of a product or service is composed of two parts-a lump-sum fee as well as a per-unit charge-is called a(n)

• A) two-part tariff
• B) socially optimal double price
• C) import tariff

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Definitions:

Reinforcement

A process in behavioral psychology that strengthens a behavior by providing a consequence an individual finds rewarding.

Reinforcement

In behavior psychology, it's a stimulus or event that increases the likelihood of the repetition of the behavior it follows.

Variable-Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, used in behaviorist research.

Intermittently

Occurring at irregular intervals; not continuous or steady, often with pauses or breaks in between.