Which of the Following Is NOT an Example of a Second

question 85

Multiple Choice

Which of the following is NOT an example of a second degree price discrimination strategy?

• A)coupons
• B)online auction bidding
• C)price bundling
• D)multiple-unit pricing
• E)promotional markdowns

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Definitions:

Wage

Compensation or payment to an employee for labor or services rendered, typically expressed on an hourly, daily, or piecework basis.

Marginal Product

The additional output resulting from the use of one more unit of a production input, holding other inputs constant.

Wage

A wage is the compensation paid to employees for their labor, typically calculated on an hourly, daily, or piecework basis.

Output

The quantity of goods or services produced in a given period by an individual, firm, or country.