Electricity prices may be an example of ___________ as it often varies by the time of day, generally being set higher when demand is at its peak
A) Intemporal price discrimination
B) Tie-in-sales
C) First degree discrimination
D) Second degree discrimination

Question

Quizplus · Accepted Answer

Intemporal price discrimination refers to charging different prices for the same product or service at different times. The example given of electricity prices being higher during peak demand times is an example of this. The other options (tie-in-sales, first degree discrimination, and second degree discrimination) do not fit this scenario as well.

Electricity Prices May Be an Example of ___________ as It