With block pricing,consumers typically pay a price that:
A)reduces for additional quantities of output being purchased.
B)remains the same regardless of the quantity purchased.
C)is equal to the average cost of producing the output.
D)increases for additional quantities of output being purchased.

Question

Quizplus · Accepted Answer

With block pricing, the price of the product or service reduces for additional quantities being purchased. This encourages consumers to purchase more and leads to economies of scale for the provider.

With Block Pricing,consumers Typically Pay a Price That