Which of the Following Is an Example of Price Discrimination

question 148

Multiple Choice

Which of the following is an example of price discrimination?

• A) You pay less for a movie ticket if you show your student ID.
• B) Business travelers pay more for airline tickets.
• C) Faculty members pay less for computers they order on Apple's Web site.
• D) All of the answers are correct.

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Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or help might not be available.

Panic Disorder

A psychiatric disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms that may include chest pain, heart palpitations, shortness of breath, dizziness, or abdominal distress.

Bipolar Disorder

A psychological disorder marked by significant fluctuations in mood, ranging from periods of intense happiness (mania or hypomania) to profound sadness (depression).

Schizophrenia

A chronic brain disorder characterized by symptoms such as delusions, hallucinations, disorganized speech, and impaired cognitive ability.