- CFA Exams
- CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 13. The Firm and Market Structures
- Subject 6. Price Discrimination
CFA Practice Question
Which of the following is not an example of price discrimination?
B. A discount offered to students on the purchase of a new computer
C. A store-wide sale at your local department store
D. A dentist who offers a range of prices based upon his patients' income
E. An "early bird" special at a restaurant
A. A ballpark that charges lower ticket prices for children under 5 years old
B. A discount offered to students on the purchase of a new computer
C. A store-wide sale at your local department store
D. A dentist who offers a range of prices based upon his patients' income
E. An "early bird" special at a restaurant
Correct Answer: C
The department store sale does not differentiate between consumers, eliminating the possibility of price discrimination.
User Contributed Comments 1
User | Comment |
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Tashen111 | Best Way to test: "Does it Need a Bouncer to check the people at the door?" |