Different prices might be charged for the same good for all the following reasons except
A)quality differences.
B)different shopping locations.
C)consumer ignorance.
D)the degree of service with the sale.
E)the degree of consumer sensibility to prices.

Question

Quizplus · Accepted Answer

Quality differences, different shopping locations, degree of service with the sale, and degree of consumer sensibility to prices are all valid reasons for different prices. Consumer ignorance is not a valid reason for different prices as it is unethical to charge different prices to consumers based on their lack of knowledge or awareness.

Different Prices Might Be Charged for the Same Good for All