_____ Is the Practice of Offering the Same Multiple-Price Schedule

question 91

Multiple Choice

_____ is the practice of offering the same multiple-price schedule to all customers and encourages price-sensitive customers to take advantage of the lower price.

• A) First-degree price discrimination
• B) Second-degree price discrimination
• C) Third-degree price discrimination
• D) Price lining
• E) High/low pricing

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Definitions:

Agricultural

Relating to the cultivation of land and breeding of animals and plants to provide food, fiber, medicinal plants, and other products.