A practice whereby a seller charges different prices to different consumers of the same product or service is called
a. price discrimination.
b. oligopolistic pricing.
c. stay-out pricing.
d. monopolistic pricing.
A
Economics
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If the CPI were fixed, then the fact that it is wrong by 0.8 percentage points means that over a ten year period it is wrong by
A. between 1.1 and 11 percentage points. B. 1.1 percentage points. C. 11 percentage points. D. more than 11 percentage points.
Economics
Other things held constant, private disposable oncome would increase if
A. Taxes increase B. Government transfers increase C. Consumption increases D. Government purchases increase.
Economics