If Happy Babies sells its baby formula in the United States for 30 percent less than it does in Canada, this is an example of ________.

A) peak-load pricing
B) two-part pricing
C) third-degree price discrimination
D) second-degree price discrimination

C) third-degree price discrimination

Economics

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Define a price floor

Economics

Imagine that someone offers you $X today or $1,500 in 5 years. If the interest rate is 4 percent, then you would prefer to take the $X today if and only if

a. X > 1,055.56. b. X > 1,120.89. c. X > 1,232.89. d. X > 1,338.26.

Economics