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Author Question: Suppose a firm uses the following price strategy for every customer. The first two units purchased ... (Read 10 times)

james9437

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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.

Question 2

Which of the following is an example of group price discrimination?
 
  A) Senior citizen discounts.
  B) Buy two, get one free.
  C) Buy one, get another half off.
  D) None of the above.


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yahahah24021

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james9437

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


daiying98

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Reply 3 on: Yesterday
Excellent

 

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