ethics civics MCQ #1192

When a firm charges different prices to different groups of customers, it may be accused of:

ethics civics MCQ #1192

  1. Question 1

    Q1. When a firm charges different prices to different groups of customers, it may be accused of:

    • A) cultural relativism
    • B) money laundering
    • C) facilitating payments
    • D) price discrimination

    Answer: price discrimination

    Explanation: Price discrimination occurs when a firm charges different prices to different customer groups for the same product or service, which can raise ethical and legal concerns about fairness.