When a Business Such as an Airline Charges Different Prices

question 4

Multiple Choice

When a business such as an airline charges different prices for different people for the same product,they are practicing

• A)an illegal price policy.
• B)price discrimination.
• C)non-price competition.
• D)a marketing policy which usually backfires.

Understand Equity Theory and the factors influencing perceptions of fairness in the workplace.

Recognize the role of emotions and social comparisons in employee motivation and perception.

Understand the importance and methods of feedback in the writing process.

Recognize the purpose and techniques of revision in writing.

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Definitions:

Race Crossover

A phenomenon in demography where the mortality rates of two or more racial or ethnic groups intersect at a certain age.

Adequate Number

A quantity deemed sufficient to meet a particular need or requirement.

Proportion of Residents

The ratio or percentage of individuals residing in a particular area or belonging to a specified demographic group.