Author Question: When firms charge different prices to different consumers for the same good or service, it is ... (Read 97 times)

SGallaher96 · **on:** Jun 29, 2018

When firms charge different prices to different consumers for the same good or service, it is referred to as ________.

A) price bias
B) shadow pricing
C) predatory pricing
D) price discrimination

Question 2

In the economic way of thinking, a productive service is

A) a meritorious service.
B) something of clear value to anybody in society.
C) an activity that enables people to obtain something for which they are willing to pay.
D) all of the above.
E) none of the above.