Why Is It Harder to Price Discriminate with Shampoo Than

question 76

Multiple Choice

Why is it harder to price discriminate with shampoo than with haircuts?

• A) Haircuts are harder to resell.
• B) There are more substitutes for shampoo.
• C) Haircuts are a bundle of goods: location of the salon, quality of the stylist, etc.
• D) There is less competition for selling shampoo.

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Definitions:

Loneliness

A complex and usually unpleasant emotional response to isolation or lack of companionship, which can affect mental and physical health.

Personal Needs

Basic or individual requirements necessary for maintaining physical and emotional well-being.

Quality of Relationships

The degree of satisfaction, emotional connection, and positive dynamics shared between individuals in a relationship.

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states.