Use the following to answer question 192: $$\begin{array}{l}
\text { Table: Prices and Demand }\
\begin{array} { l c }
\hline \begin{array} { l }
\text { Quantity } \
\text { of Hats } \
\text { Demanded }
\end{array} & \begin{array} { c }
\text { Price } \
\text { per Hat }
\end{array} \
\hline 0 & \$ 30 \
1 & 28 \
2 & 26 \
3 & 24 \
4 & 22 \
5 & 20 \
6 & 18 \
7 & 16 \
8 & 14 \
\hline
\end{array}
\end{array}$$
-Sadia wants to practise price discrimination in her bakery.Which strategy should Sadia NOT use?
A) discounts for people who buy a large volume of bread
B) higher prices for people who buy bread on the day it is baked and lower prices for people who place advance orders
C) an annual fee for customers who want to shop at a discount in her store
D) the same price for all consumers for freshly baked goods

Question

Use the following to answer question 192: $$\begin{array}{l}
\text { Table: Prices and Demand }\
\begin{array} { l c } 
\hline \begin{array} { l } 
\text { Quantity } \
\text { of Hats } \
\text { Demanded }
\end{array} & \begin{array} { c } 
\text { Price } \
\text { per Hat }
\end{array} \
\hline 0 & \$ 30 \
1 & 28 \
2 & 26 \
3 & 24 \
4 & 22 \
5 & 20 \
6 & 18 \
7 & 16 \
8 & 14 \
\hline
\end{array}
\end{array}$$
-Sadia wants to practise price discrimination in her bakery.Which strategy should Sadia NOT use?
A) discounts for people who buy a large volume of bread
B) higher prices for people who buy bread on the day it is baked and lower prices for people who place advance orders
C) an annual fee for customers who want to shop at a discount in her store
D) the same price for all consumers for freshly baked goods

Quizplus · Accepted Answer

Price discrimination involves charging different prices to different consumers for the same product. Offering the same price for all consumers does not constitute price discrimination.

Use the Following to Answer Question 192 -Sadia Wants to Practise Price Discrimination in Her Bakery