Price Discrimination

question 104

Multiple Choice

Price discrimination:

• A) by firms selling to final consumers is illegal, but it is usually legal in selling to intermediaries.
• B) is not covered by Federal laws, but in some states it is illegal.
• C) is always illegal.
• D) may be legal if the firm can prove that different prices were set based on different costs.
• E) None of these alternatives is correct.

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Definitions:

Challenge Stressor

A type of stressor that, although demanding, is perceived positively because it contributes to personal growth or achievement.

Motivated

Having a strong desire and willingness to achieve something.

Adrenaline

A hormone and neurotransmitter released in response to stress, increasing heart rate, and energy as part of the fight or flight response.

Illness

A condition that affects an individual's physical or mental health, often characterized by specific symptoms and requiring medical attention or care.