What Type of Variable Is "Gender

question 57

Multiple Choice

What type of variable is "gender"?

• A)continuous variable
• B)primary variable
• C)dependent variable
• D)categorical variable

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Definitions:

Price Discrimination

Practice of charging different prices to different consumers for similar goods.

Electricity Sales

The volume of electrical energy sold, typically measured in kilowatt-hours (kWh), to end users or consumers.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.

Price Discrimination

The strategy of selling the same product at different prices to different groups of consumers, based on their willingness to pay.