To Practice Second-Degree Price Discrimination

question 49

Multiple Choice

To practice second-degree price discrimination

• A)different markets must be able to communicate with each other.
• B)different markets must have the same number of customers.
• C)similar markets must have similar elasticities.
• D)different markets must have different elasticities.

---

Definitions:

Naive Observers

Individuals who observe others' behaviors without full knowledge of the context, often leading to unbiased or less influenced judgments.

Mental Illness

A broad range of mental health conditions that affect mood, thinking, and behavior, which can impact daily functioning and well-being.

Schemas

Cognitive structures that help organize and interpret information from the world, influencing how we perceive new information.

Clean-smelling Citrus Scent

A fresh and invigorating aroma associated with citrus fruits, often used to enhance mood and environmental cleanliness.