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.

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Definitions:

Solid Food

Edible substances that are not liquid or gas, typically requiring chewing before swallowing.

Tomato Juice

A liquid extracted from tomatoes, commonly consumed as a beverage, and noted for its nutritional benefits and role in various culinary contexts.

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A medical treatment most commonly used for severe major depression, which involves brief electrical stimulation of the brain while the patient is under anesthesia.

Pretreatment Medication

Medication given before a medical procedure or treatment to prevent or minimize potential side effects.