The image pricing, location pricing, channel pricing and time pricing are all types of price discrimination of __________?
Correct answer: C. Third degree
- A. First degree
- B. Second degree
- C. Third degree
- D. Fourth degree
Explanation
Image, location, channel and time-based pricing charge different prices according to identifiable market segments or purchasing circumstances, which this classification places under third-degree price discrimination. Second-degree discrimination is mainly based on the quantity or package chosen by the buyer.
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