Ethics of price

A buyer can buy two things and receive a third as a gift.  strategies are used by many popular brands, such as H&M, O'STIN, Burger King, KFC and many others.

Choose the type of price discrimination.

• First degree price discrimination

• Second degree price discrimination

• Third degree price discrimination

“If everyone is equal before God, then they are equal before the price”

Who said it?

• John Wanamaker

• Thomas Aquinas

• Adam Smith

• Karpenko Olya and Kovalchuk Olesya

Victoria's Secret brand of women's underwear: in 1996, the brand's customers received catalogs of the company's products, where different prices for goods were indicated for different buyers.

Choose the type of price discrimination.

• First type of price discrimination

• Second type of price discrimination

• Third type of price discrimination

Airlines that specify low base fares but add numerous fees when booking (baggage fees, seat selection fees, etc.)

It is the example of:

• Price discrimination

• Violation of transparency and honesty

• Profit & fairness imbalance

When the price for a product is first sold at a very high price and then gradually lowered, it is:

• Price Skimming

• Big Ridding

• Price discrimination

Who introduced the theory of just price?

• Nicolay Kondratiev

• Kenneth Arrow

• Thomas Aquinas