If a firm charges different consumers different prices for the same product and the difference cannot be attributed to cost variations, then it is engaging in
A) markup pricing. B) cost-plus pricing.
C) odd pricing. D) price discrimination.
Question 2
Sunk costs
A) are costs that firms sink into marketing.
B) are important for optimal decision making.
C) are costs associated with repairing something you already own.
D) are costs that have already been paid and cannot be recaptured in any significant way.
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