Which Is the Best Example of Price Discrimination

question 174

Multiple Choice

Which is the best example of price discrimination?

• A) an airline company charging lower fares per pound for air freight than for passengers
• B) a telephone company charging lower rates to weekend users than weekday users
• C) a supermarket charging lower prices in its city stores than its out-of-the-way rural store
• D) a private doctor charging higher fees to patients receiving special services than patients receiving regular services

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Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Human Genome

The complete set of nucleic acid sequence for humans, encoded as DNA within the 23 chromosome pairs in cell nuclei and in a small DNA molecule found within individual mitochondria.

Genes

Sequences of DNA that determine characteristics and are inherited from one's parents.

Polygenic

Resulting from many genes.