It Is Illegal to Price Discriminate EXCEPT in Cases in Which

question 41

Multiple Choice

It is illegal to price discriminate EXCEPT in cases in which the price differences are due to actual cost differences. This situation is due to which antitrust act?

• A) Clayton Act
• B) Contestable Market Act
• C) Federal Trade Commission Act
• D) Sherman Antitrust Act

---

Definitions:

Loose Cultures

Social or organizational cultures characterized by a tolerance for deviance from norms and a flexibility in behavior and beliefs.

Central Life Interest

An individual's primary focus or commitment in life, which significantly influences their identity and actions.

Generation Y

Also known as Millennials, the demographic cohort following Generation X, typically considered to be born between the early 1980s and the mid-1990s to early 2000s.

Millennials

A generational cohort following Generation X, typically defined as people born from the early 1980s to the mid-1990s to early 2000s.