Two Social Norms That Influence Altruistic Behavior Are

question 67

Multiple Choice

Two social norms that influence altruistic behavior are

• A) reciprocity and social responsibility.
• B) social responsibility and social exchange.
• C) reciprocity and equity.
• D) equity and social exchange.

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Definitions:

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider.

Robinson-Patman Act

A United States federal law aimed at preventing anticompetitive practices by producers, specifically prohibiting price discrimination that could lessen competition.

Illegal

Activities or actions that are prohibited by law and subject to penalties.

Predatory Pricing

Charging a very low price for a product with the intent of driving competitors out of business.