What Is the Term for Charging Different Prices to Different

question 60

Multiple Choice

What is the term for charging different prices to different customers for essentially the same product?

• A)gouging
• B)price discrimination
• C)skimming
• D)penetration pricing

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Definitions:

Phobias

Intense, irrational fears of specific objects, activities, or situations that lead to a desire to avoid them.

Classical Conditioning

The practice of learning by frequently pairing two stimuli together; a response first provoked by the second stimulus is later provoked by the first stimulus without the second.

Conditioned Emotional Response

An emotional reaction acquired through classical conditioning, where a previously neutral stimulus is paired with an emotionally charged stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, elicits a conditioned response.