The Strategy of Charging Different Prices to Different Customers,for the Same

question 39

Multiple Choice

The strategy of charging different prices to different customers,for the same product,based on the differences in their demand elasticities is referred to as:

• A)predatory pricing.
• B)price skimming.
• C)arbitrage.
• D)price discrimination.

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Definitions:

Thiamine

A vitamin (B1) essential for glucose metabolism and the functioning of the nervous system, deficiency of which can lead to neurological and cardiovascular disorders.

Neurocognitive Disorder

A general term that describes decreased mental function due to a medical disease other than a psychiatric illness.

Alcohol

A mind-altering compound frequently present in drinks such as beer, wine, and hard liquors, renowned for its ability to intoxicate.

Traumatic Brain Injuries

Injuries to the brain caused by an external physical force, potentially leading to temporary or permanent impairment of cognitive, physical, and psychosocial functions.