Price Discrimination Occurs When

question 124

Multiple Choice

Price discrimination occurs when

• A) Minorities pay a higher price for a product than everyone else.
• B) Sellers charge a higher price than is reasonable.
• C) Sellers charge two separate prices for the same product to two different groups.
• D) Sellers charge one price to all consumers but not wholesalers.

---

Definitions:

Epigenetic

Study focusing on the impact of gene expression modifications on organismal changes, rather than changes to the genetic code itself.

Genes

Units of heredity that carry information from parents to offspring, influencing traits and characteristics.

Environments

Surroundings or conditions in which a person, animal, or plant lives or operates, affecting growth and development.

Identical Twin

One of two twins who originate from the same fertilized egg, sharing exactly the same genetic material and, consequently, typically appearing very similar.