Which of the Following Is a Real-World Example of First-Degree

question 13

Multiple Choice

Which of the following is a real-world example of first-degree price discrimination?

• A) A pizza parlor sells large and small pizzas. Although the large pizzas are twice as big as the small pizzas, they cost less than double the price of a small pizza.
• B) An electric company sells "blocks" of power at different prices. Specifically, any customer who buys more that Q₁ units of electricity can purchase additional units at a lower block price.
• C) Different prices are charged to different customers at a flea market.
• D) A movie theater charges senior citizens a cheaper price for movie tickets than it charges non-senior citizens for the same movie ticket.

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Definitions:

Address Block

A section in a document or template for inserting postal addresses, often used in mail merge operations.

Inside Address

The recipient's address typically placed within a letter or written communication, usually positioned below the sender's address.

Edit the Recipient List

The process of modifying the list of recipients for an email, newsletter, or other types of mass communication.

Merge

The process of combining two or more sets of data, documents, or files into a single entity, often used in the context of databases and word processing.