A Manufacturer Might Try to Defend Itself Against Charges of Illegal

question 55

Multiple Choice

A manufacturer might try to defend itself against charges of illegal price discrimination by claiming that:

• A) the price discrimination occurred as a defensive measure to "meet competition in good faith."
• B) the price differentials did not actually injure competition.
• C) the price differentials were justified on the basis of cost differences in production and/or distribution.
• D) its products were not of "like grade and quality."
• E) Any of these could make price discrimination legal.

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Definitions:

Cognitive

Refers to processes related to thinking, reasoning, problem-solving, and remembering.

Projective Techniques

Psychological assessment tools that use ambiguous stimuli to elicit responses revealing aspects of an individual's personality.

Humanistic Clinicians

Therapists or counselors who apply principles of humanistic psychology, focusing on individual potential and stressing the importance of growth and self-actualization.

Insight

The ability to understand the true nature of a situation, especially through intuitive understanding.