When Different Prices Are Charged at Different Times to Reduce

question 29

Multiple Choice

When different prices are charged at different times to reduce capacity restraints (e.g.charging more for electricity during the day when it is at peak usage) ,is known as:

• A) penetration pricing.
• B) price discrimination.
• C) peak-load pricing.
• D) price skimming.

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Definitions:

Cultural Expectations

Societal norms and values that dictate acceptable behavior, roles, and practices within a particular culture.

Transgender

People are uncomfortable with the gender assigned to them at birth or do not fit neatly into conventional male or female gender categories.

Essentialism

Is a school of thought that views gender differences as a reflection of biological differences between women and men.

Innately Competitive

Possessing a natural or inherent tendency to compete or strive for superiority or success against others.