Each of the Following Is an Example of Price Discrimination

question 163

Multiple Choice

Each of the following is an example of price discrimination except

• A)senior citizen discounts at restaurants.
• B)lower-priced movie tickets at "rush hour" to attract customers at dinner time.
• C)high-priced tickets just behind the bench of the NBA championship team.
• D)student rates for subscriptions to Business Week.

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Definitions:

Wavelike Pattern

A fluctuation or trend that rises and falls periodically, similar to the motion of waves.

Qualitative Forecasting Methods

Forecasting techniques that use judgment, intuition, and subjective evaluations rather than quantitative data to predict future events.

Market Intelligence

The process of gathering, analyzing, and interpreting information about a market, including its size, growth, competitive landscape, and customer needs and preferences.

Holt's Model

A forecasting technique that extends exponential smoothing to allow forecasting of data with trends by adding a trend smoothing coefficient.