The price discrimination in which seller charges dif... - Solved MCQs & Answer

986MarketingMedium

The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as __________?

Afourth-degree discrimination

Bthird-degree discrimination

Cfirst-degree price discrimination

Dsecond-degree price discrimination

Correct answer

C. first-degree price discrimination

Explanation

first-degree price discrimination is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Related Marketing MCQs

View all 1721 MCQs →

MCQ #988

According to promotional mix, the method which focuses on building relationships with individual customers to maintain lasting relationship is called?

Ans: direct marketingRead →

MCQ #984

The net present value of forecasted brand earnings is classified as __________?

Ans: brand valueRead →

MCQ #989

Considering industrial structures, the economies whose majority of people belongs to agricultural business are classified as?

Ans: subsistence economiesRead →

MCQ #983

The specialized community of employees’ whose activities are focused around the brand is classified as __________?

Ans: brand communityRead →

MCQ #1416

The Scion, Toyota and Lexus under the roof of same brand targets their own segments so the coverage strategy used in this situation is called?

Ans: segmented marketingRead →

MCQ #125

The way of selling goods produced in home country with little modification or no modification into foreign market is classified as?

Ans: exportingRead →