Electricity Prices May Be an Example of ___________ as It

question 8

Multiple Choice

Electricity prices may be an example of ___________ as it often varies by the time of day, generally being set higher when demand is at its peak

• A) Intemporal price discrimination
• B) Tie-in-sales
• C) First degree discrimination
• D) Second degree discrimination

---

Definitions:

Western Electric

A historical American electrical engineering and manufacturing company that played a significant role in the development and growth of the telecommunications industry.

Human Relations Theory

A concept in management emphasizing the importance of social processes in the workplace, including communication and employee needs, for enhancing productivity.

Wagner Act

A foundational piece of U.S. labor law enacted in 1935 that established the rights of workers to form unions and engage in collective bargaining.

Theory Y

A management notion that assumes employees are inherently motivated and enjoy their job duties.