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**Question 2 (1 point) Question 2 Unsaved Charging different prices for similar

ID: 1238017 • Letter: #

Question

**Question 2 (1 point)
Question 2 Unsaved

Charging different prices for similar products that have different marginal costs is called:
Question 2 options:

predatory pricing.

price differentiation.

price discrimination.

price dumping.


**Question 3 (1 point)
Question 3 Unsaved
Which of the following is not a barrier to entry into a market?
Question 3 options:

Difficulty in raising adequate capital necessary to enter an industry.

Governmental restrictions such as tariffs.

Ownership of an important resource where there is no good substitute.

Diseconomies of scale.

Explanation / Answer

price differentiation.