Business Studies Multiple Choice Question – 19 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Price discrimination is …?

Select ONE answer:

  1. Charges the same price for the same goods
  2. Sets a price by adding percentage to costs
  3. Uses a high price to enter a market
  4. Uses a low price to enter a market
  5. Sets different prices for different customers for the same good or service

Give a real-life example of price discrimination:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 5 – Price discrimination is the practice of charging a different price for the same good or service.

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