Some Firms Require Consumers to Pay an Initial Fee for the Right

question 118

Multiple Choice

Some firms require consumers to pay an initial fee for the right to buy their product and an additional fee for each unit of the product they purchase.This practice is referred to as

• A)odd pricing.
• B)dual pricing.
• C)a two-part tariff.
• D)intertemporal pricing.

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Definitions:

Fortune 500

An annual list published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.

CEO

CEO stands for Chief Executive Officer, the highest-ranking person in a company or organization, responsible for making major corporate decisions.

"Whitened" Resumés

The practice of altering aspects of one's resume to hide or downplay attributes that may reveal ethnic or racial background in hopes of reducing bias in the hiring process.

Racial Information

Data or insights related to race, including demographics, cultural background, and issues concerning racial identification and diversity.