Monday, October 31, 2011

All are true regarding price discrimination EXCEPT that

ACCOUNTING

Multiple Choice

All are true regarding price discrimination EXCEPT that

a. the laws apply to service providers, but not manufacturers.

b. it is permissible if price differences can be explained.

c. it is illegal only if the intent is to destroy competition.

d. it is most likely to occur when the cost base is the full cost of the product.

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