Suppose a firm uses the following price strategy for every customer. The first two units purchased cost $4 each, and any extra unit costs $3.50. What kind of price discrimination is this?

A) First-degree price discrimination
B) Group price discrimination.
C) Non-uniform pricing.
D) Uniform pricing.

C

Economics

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A condition for the use of eminent domain is that the property being taken

A) must remain the property of the government entity which authorized the use of eminent domain. B) must be intended for public use. C) must be undeveloped property. D) must be considered blighted property.

Economics

Studying the growth of (Y/N) in the United States over the period 1909-1957, Robert Solow found that growth in multifactor productivity accounted for ________ of it

A) ten percent B) twenty-five percent C) one-third D) roughly half E) seven-eighths

Economics