Which of the Following Is True of Successful Price Discriminators

question 34

Multiple Choice

Which of the following is true of successful price discriminators?

• A)They make greater profits than by charging everyone a uniform price
• B)Their customers must have different willingness to pay.
• C)Their customers must have difficulty reselling the good to other customers.
• D)They must have some monopoly power.
• E)All of the above are true of successful price discriminators

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Definitions:

Repression

A psychological defense mechanism where distressing thoughts and memories are unconsciously blocked from conscious awareness.

Psychoanalytic Perspective

A framework in psychology which posits that human behavior is influenced by unconscious motives and conflicts.

Fixated

Describes a psychological state or condition where an individual becomes obsessively focused on an object, subject, or activity.

Oral Stage

A phase in Freud's psychosexual development theory occurring from birth to about 18 months, where an infant's pleasure centers on the mouth.