Examlex
Discuss the three basic reasons that poverty persists according to sociological research. In a few sentences, explain why each factor contributes to the perpetuation of poverty.
Rebates
Rebates are partial refunds to purchasers of products or services, often used as a promotional tool by marketers to increase sales or the perceived value of a product.
Peak-Load Pricing
Pricing strategy that involves charging higher prices during peak times when demand is higher and resources are more constrained.
Third-Degree Price Discrimination
A pricing strategy where different prices are charged to different segments of customers based on their willingness to pay.
Second-Degree Discrimination
A pricing strategy where prices are varied depending on quantity sold, such as bulk discounts, or according to product versions.
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