Bindy, an 18-year-old high school graduate, and Luciana, a 40-year-old college graduate, just purchased identical hot new sports cars. Acme Insurance charges a higher rate to insure Bindy than Luciana. This practice is an example of:

A) collusion.
B) price discrimination.
C) two-part tariff.
D) bundling.
E) none of the above

E

Economics

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Along the short-run Phillips curve SRPC2 the natural unemployment rate is

A) 8 percent. B) 3 percent. C) 4 percent. D) 6 percent. E) an amount that can be determined from the figure but none of the above answers is correct.

Economics

According to the quantity theory of money, changes in the price level are primarily the result of changes in the:

A. quantity of money. B. total output. C. unemployment rate. D. rate of spending.

Economics