Practice of Charging Different Prices to Different Buyers for Goods

question 135

Multiple Choice

practice of charging different prices to different buyers for goods of like grade and quality is referred to as

• A) horizontal price-fixing.
• B) resale price maintenance.
• C) price discrimination.
• D) predatory pricing.
• E) bait and switch pricing.

---

Definitions:

Environmental Influence

Factors in an individual's surroundings that impact their development, behavior, and lifestyle.

Dizygotic Development

The biological process that leads to the birth of two fraternal twins from two separate eggs fertilized by two different sperm.

Dominate Genes

Genetic traits that are expressed in an organism's phenotype, overriding the expression of recessive genes when both are present.

DNA Molecules

The carriers of genetic information in living organisms and viruses, composed of two long strands forming a double helix, containing genes encoded by the sequences of nucleotides.