Which of the Following Is NOT an Example of Price

question 17

Multiple Choice

Which of the following is NOT an example of price discrimination?

• A) Student discount at a local movie theater.
• B) Breakfast cereal makers sending coupons to select buyers.
• C) Pharmaceutical companies charge customers living in wealthier countries higher prices than for identical drugs in poorer nations.
• D) A hard cover book selling for more than the same book in electronic form.

---

Definitions:

Present Value Terms

The current worth of a future sum of money or stream of cash flows, given a specific rate of return.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities.

Oil Reserve

An estimate of the amount of crude oil located in a particular economic region with the potential of being extracted and exploited.

Profit Per Barrel

The amount of financial gain realized from the sale of one barrel of a commodity, often used in the context of oil production.