Imagine you have developed a device that can be used to tell whether uncooked meat has been irradiated.Several smaller retail chains have agreed to carry your product,but a large discount retailer has asked you to sell the device to them for a substantially lower price.The large discount retailer is asking you to practice:
A) unfair trade practices
B) predatory pricing
C) channel control pricing
D) price fixing
E) price discrimination

Question

Quizplus · Accepted Answer

The large discount retailer is asking for a substantially lower price, which indicates they want a discount. This is an example of price discrimination, where different prices are charged to different buyers for the same product or service.

Imagine You Have Developed a Device That Can Be Used