Which of the Following Situations Would Be Examples of Price

question 16

Multiple Choice

Which of the following situations would be examples of price discrimination?

• A) United Airlines charges customers who book 14 days ahead a lower price than those who don't.
• B) Chevron gas stations charges customers 20 cents more per gallon if they choose the premium grade over the regular unleaded.
• C) The local carwash charges drivers of minivans and large SUVs a $2.00 "large vehicle" surcharge.
• D) GEICO, an insurance company, charges higher rates to those who received more than one speeding ticket in the last 6 months.

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Definitions:

Hire Date

The specific date on which an individual officially begins their employment with an organization.

Employee Benefits

Various non-wage compensations provided to employees in addition to their normal salaries or wages. These can include health insurance, retirement plans, and vacation time.

Accountant

A professional specializing in maintaining and examining financial records, ensuring accuracy and compliance with laws.

HR Director

A high-level executive responsible for overseeing an organization's human resources department and implementing policies related to employee management and development.