When Exxoff Oil Corporation offers discounts based on credit card records of gas quantities purchased,they are practicing:

Question

Quizplus · Accepted Answer

Exxoff Oil Corporation is practicing second-degree price discrimination as they are offering discounts based on gas quantities purchased (quantity discounts), which is a form of price discrimination based on the characteristics of the transaction. This allows them to charge different prices to different customers based on their purchase behavior.

When Exxoff Oil Corporation Offers Discounts Based on Credit Card