Which of the Following Is an Example of Price Discrimination

question 379

Multiple Choice

Which of the following is an example of price discrimination?

• A) UPS charges more if a package is sent from New York to Hawaii and less if it is sent from New York to New Jersey.
• B) Frank's Furniture shop charges no delivery fee for furniture delivered within Dutchess County but charges $40 delivery fee outside of the county.
• C) Albert pays 25 percent less on prescription drugs because he is a senior citizen.
• D) Only answers A and B are correct.
• E) Answers A, B, and C are all correct.

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Definitions:

Future Years

Subsequent periods of time that have not yet occurred, often considered in planning, forecasting, or speculation.

Industrial Revolution

A period of major industrialization from the late 18th to early 19th century that transformed mainly agrarian, rural societies in Europe and America into industrialized, urban ones.

Steam Engine

A heat engine that performs mechanical work using steam as its working fluid, symbolizing the beginning of the industrial revolution.

Labor Force

The total number of people who are employed or actively seeking employment within an economy.