An Example of Second-Degree Price Discrimination Is

question 7

Multiple Choice

An example of second-degree price discrimination is:

• A)when you get an "early bird" discount by eating at a restaurant before 6:00 pm.
• B)when you sell something illegally to an individual through the mail.
• C)when you segment the market and charge individuals of different ages different prices for the same product or service.
• D)when you order 12 of something online and you pay less per unit than if you had bought only one.

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Definitions:

Analog Input Module

An input circuit that employs an analog-to-digital converter to convert an analog value, measured by an analog measuring device, to a digital value that can be used by the processor.

Digital-To-Analog Converter

A device that converts digital signals (representing numerical values) into analog signals (representing physical quantities).

Binary Bits

The smallest unit of data in computer processing, representing a 0 or 1 in the binary numeral system, used for representing all types of data.