A Restaurant Has Two Menus, One Printed in English, and the Other

question 76

Multiple Choice

A restaurant has two menus, one printed in English, and the other printed in the local language.The prices on the English menu are double those on the other menu.The restaurant owners believe that if a customer cannot read the local language, he must be a tourist and will pay more.This is an example of:

• A)price fixing.
• B)price discrimination.
• C)predatory pricing.
• D)referral selling.
• E)resale price maintenance.

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Definitions:

Catholic Church

The largest Christian church, led by the Pope, with a global following and a rich history influencing spiritual, cultural, and political aspects of society.

Minority Religions

Religious groups that make up a smaller percentage of the population in comparison to the dominant religious group(s) within a particular region or country.

Ivan IV

Also known as Ivan the Terrible, the first tsar of all Russia (1547-1584), known for his tyrannical rule, territorial expansion, and establishment of the Tsardom of Russia.

Muscovy

A historical region centered around Moscow, forming the core of the Russian state from the late medieval period until the early modern era.