The practice of ________ involves a firm injuring competition by charging different prices to different members of its distribution channel.
A) price fixing
B) price lining
C) price bundling
D) deceptive pricing
E) price discrimination

Question

Quizplus · Accepted Answer

The practice described - charging different prices to different members of the distribution channel - is known as price discrimination. Price fixing involves collusion between firms to set prices, price lining is a strategy where a firm offers a limited number of predetermined price points for their products, price bundling is offering multiple products at a discounted price, and deceptive pricing is any strategy that misleads consumers about the actual price of a product.

The Practice of ________ Involves a Firm Injuring Competition by Charging