The Strategy of Charging Different Prices to Different Customers,for the Same

question 39

Multiple Choice

The strategy of charging different prices to different customers,for the same product,based on the differences in their demand elasticities is referred to as:

• A)predatory pricing.
• B)price skimming.
• C)arbitrage.
• D)price discrimination.

---

Definitions:

Public Works Administration

A New Deal agency in the United States (1933-1944) created to provide public infrastructure jobs in the wake of the Great Depression.

Filipino Repatriation Act

Legislation passed in the United States in 1935, encouraging Filipinos living in the U.S. to return to the Philippines by offering free transportation.

Filipinos

The people native to or citizens of the Philippines, an archipelagic country in Southeast Asia.

Roosevelt's Reelection

pertains to the event in which Franklin D. Roosevelt was reelected as President of the United States, particularly notable for his four terms from 1933 to 1945.