Which of the Following Is Not an Example of Price

question 196

Multiple Choice

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

• A)Adobe Systems offers software at discounted prices to students and faculty at K-12 and university levels.
• B)Unlike foreign tourists, citizens of Cambodia are exempted from paying an admission fee to the temples of Angkor.
• C)Senior citizens may purchase special fare tickets for public transportation that are not available to others.
• D)Buyers at an automotive parts store receive a discount for bulk buying because the store is able to pass on to its customers some of the lower average cost for producing large quantities.

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Definitions:

Source Table

A detailed table used in reporting research or statistical results, which sources data or information.

Variance

A measure of the dispersion or spread of a set of values, calculated as the average of the squared differences from the mean.

Analysis of Variance

A statistical method used to compare means and variances between two or more groups to determine if there are significant differences.

Factorial ANOVA

A statistical test used to examine the effects of two or more independent variables on a dependent variable, including interaction effects between them.