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What is the following scenario an example of? The Sandals Shoe Company charges one customer $10 for a pair of boots and another customer $30 for the same pair of boots for no legitimate reason. A. price discrimination B. price fixing C. predatory pricing D. tying contracts
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Asked 3/1/2012 5:16:14 PM
Updated 6/16/2014 1:57:48 PM
1 Answer/Comment
Edited by debnjerry [6/16/2014 1:58:12 PM]
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User: What is the following scenario an example of? The Sandals Shoe Company charges one customer $10 for a pair of boots and another customer $30 for the same pair of boots for no legitimate reason. A. price discrimination B. price fixing C. predatory pricing D. tying contracts

Weegy: C. predatory pricing
darkbakshi|Points 706|

User: Which of the following is the definition of price discrimination? A. when companies agree to sell the same good at the same price B. when one company sells a good at an extremely low price only to drive other competitors out of the market C. when a company makes a buyer buy a good they don't need in order to get a good they do need D. when a company sets different prices for different buyers under the same circumstances

Weegy: The definition of price discrimination is: when a company sets different prices for different buyers under the same circumstances
Expert answered|Answerthis|Points 136|

Question
Asked 3/1/2012 5:16:14 PM
Updated 6/16/2014 1:57:48 PM
1 Answer/Comment
Edited by debnjerry [6/16/2014 1:58:12 PM]
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The Sandals Shoe Company charges one customer $10 for a pair of boots and another customer $30 for the same pair of boots for no legitimate reason. This is an example of price discrimination.
Added 6/16/2014 1:57:48 PM
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