(Last Word)Which of the Following Is Not an Example of Pricing

question 82

Multiple Choice

(Last Word) Which of the following is not an example of pricing based on group differences in elasticity of demand?

• A) Senior-citizen discounts at restaurants and motels.
• B) Cash rebates for purchases of automobiles.
• C) Child discounts for admission to theme parks.
• D) Discounted student prices for visits to museums.

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Definitions:

Operating Activities

Activities that relate directly to the primary business operations of an organization, such as sales, provision of services, manufacturing of goods, etc.

Depreciation Expense

The allocation of an asset's cost over its useful life, representing the wear and tear, deterioration, or obsolescence of the asset.

Cash Flows

The total amount of money being transferred into and out of a business, particularly in terms of liquidity and financial planning.

Noncash Asset

Assets that cannot be easily converted into cash, such as buildings, equipment, and inventory.