What Do Economists Call the Business Practice of Selling the Same

question 178

Multiple Choice

What do economists call the business practice of selling the same good at difference prices to different customers?

• A)price discrimination
• B)collusion
• C)compensating differential
• D)Both a and b are correct

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Definitions:

Self-report Inventories

Psychological tests and questionnaires where individuals provide subjective feedback about their own thoughts, feelings, or behaviors.

Projective Techniques

Psychological assessment tools that use ambiguous stimuli to elicit responses that are thought to reveal personal motives, conflicts, and unconscious dynamics.

Free Association

A psychoanalytic technique in which patients are encouraged to verbalize all thoughts that come to mind without censorship or filtering.

Modeling Approach

A method or strategy used in various fields such as psychology, education, and computer science to represent, analyze, or predict complex real-world systems or behaviors.