Table 16-1
Table 16-1 shows the price for the hardcover version of the novel Inferno by Dan Brown at four online bookstores.
-Refer to Table 16-1. Which of the following can one conclude from the data above?
A) The data provides clear evidence of price discrimination in online bookstore market.
B) Amazon.com and Walmart.com are able to charge a lower price for the item because they are more cost efficient than the other two companies.
C) The items offered for sale are similar but not identical; the quality of service and delivery time might vary from store to store, which justifies the price differences.
D) Walmart.com and Amazon.com have deliberately underpriced their product to force the other two companies out of business.
Correct Answer:
Verified
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