Which of the Following Is the Closest Example of Block

question 44

Multiple Choice

Which of the following is the closest example of block pricing?

• A)An airline providing discounts to its frequent-flyers as they fly more
• B)At an auction of antique furniture,each piece of furniture is sold to the highest bidder
• C)A golf-club imposing a very high entry fee to reduce membership requests
• D)An electric utility charging higher rates to the customers in the summer season than in the winter season

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Definitions:

Self-Fulfilling Prophecy

A phenomenon where an individual's or group's expectation of an outcome causes the outcome to occur, reinforcing the original expectation.

Negative Results

Outcomes that are detrimental, opposite of intended, or do not meet the expected or desired objectives.

Positive Results

Beneficial outcomes or achievements that stem from specific actions, measures, or experiments.

Emotional Arousal

A state of heightened physiological and emotional response to stimuli, which can influence behavior and perception.