An Example of Price Discrimination Is When

question 83

Multiple Choice

An example of price discrimination is when:

• A) movie theaters do not allow children into R-rated movies without a parent or guardian.
• B) you can purchase a new PC for half the price of a new Mac, even though they are both computers.
• C) Procter & Gamble charges $9 for a bottle of Tide laundry detergent, while the store brand costs the consumer significantly less, despite being somewhat similar products.
• D) out-of-state students pay more for the same education as in-state students.
• E) a single box of Froot Loops costs $3.50, but when purchased in a case of six, it costs only $3.00 per box.

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Definitions:

Drew Westen

An American psychologist and neuroscientist known for his work on personality psychology, political psychology, and the neural bases of emotion.

Psychoanalytic

Related to the psychological theory and therapy developed by Sigmund Freud, focusing on unconscious processes influencing behavior.

Object Relations Theory

A psychoanalytic theory focusing on relationships, suggesting that the ego-self exists in relation to other objects, including real and imagined people, as well as the outside world.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.