Multiple Choice
Which of the following is not an example of price discrimination?
A) A restaurant sets a fixed cover charge in addition to menu charges.
B) A phone company charges different rates to residential and business users.
C) An electric company charges different rates to senior citizens and younger adults.
D) An airline sets different fares for adults and children.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Identify the correct statement about price discrimination.<br>A)Price
Q8: Use the following figure to answer the
Q9: Which of the following is true of
Q10: Under perfect price discrimination,_.<br>A)each customer pays the
Q11: Use the following figure to answer the
Q13: Use the following figure to answer the
Q14: Which of the following is needed for
Q15: A two-part tariff involves:<br>A)a fixed entry fee
Q16: Price discrimination is more common for firms
Q17: A two-part tariff is a form of:<br>A)first-degree