A Pricing Technique That Sets Different Prices on the Same

question 108

Multiple Choice

A pricing technique that sets different prices on the same products and services for different customers using the information that a company collects about its customers is called ________.

• A)market penetration
• B)customized or dynamic pricing
• C)predatory pricing
• D)price skimming

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Definitions:

Ex Parte Milligan

1866 Supreme Court case that declared it unconstitutional to bring accused persons before military tribunals where civil courts were operating.

Military Tribunals

Special courts designed to try members of the armed forces or enemy combatants, often distinguished from civilian courts for their focus on military law and discipline.

Civil Courts

Courts responsible for resolving non-criminal disputes, including cases involving contracts, property, and family law among others.

Gold Standard

A monetary system in which the standard economic unit of account is based on a fixed quantity of gold, enabling the conversion of currency into a certain amount of gold on demand.