Price discrimination can be profitable if consumers can resell the product.

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Effect of Perceived Price of a Drug on Placebo Analgesia

In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ...

U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994

Two-point discrimination

Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...

A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...

Author Question: Price discrimination can be profitable if consumers can resell the product. (Read 67 times)

Related Topics

Need homework help now?