A buyer can buy two things and receive a third as a gift. strategies are used by many popular brands, such as H&M, O'STIN, Burger King, KFC and many others.
Choose the type of price discrimination.
Ethics of price
Quiz
•
Science
•
University
•
Medium
Ольга Карпенко
Used 2+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A buyer can buy two things and receive a third as a gift. strategies are used by many popular brands, such as H&M, O'STIN, Burger King, KFC and many others.
Choose the type of price discrimination.
First degree price discrimination
Second degree price discrimination
Third degree price discrimination
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
“If everyone is equal before God, then they are equal before the price”
Who said it?
John Wanamaker
Thomas Aquinas
Adam Smith
Karpenko Olya and Kovalchuk Olesya
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Victoria's Secret brand of women's underwear: in 1996, the brand's customers received catalogs of the company's products, where different prices for goods were indicated for different buyers.
Choose the type of price discrimination.
First type of price discrimination
Second type of price discrimination
Third type of price discrimination
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Airlines that specify low base fares but add numerous fees when booking (baggage fees, seat selection fees, etc.)
It is the example of:
Price discrimination
Violation of transparency and honesty
Profit & fairness imbalance
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When the price for a product is first sold at a very high price and then gradually lowered, it is:
Price Skimming
Big Ridding
Price discrimination
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Who introduced the theory of just price?
Nicolay Kondratiev
Kenneth Arrow
Thomas Aquinas
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