Marissa is on vacation in Mexico and buys a bottle of vanilla paste for about half the price she would pay for the same bottle at home. The vanilla paste isn't on sale in Mexico but is priced lower because that's the price the market will bear. What is this an example of? Multiple Choice O price kming premium pricing price discrimination price faxing predalory picing

Marissa is on vacation in Mexico and buys a bottle of vanilla paste for about half the price she would pay for the same bottle at home. The vanilla paste isn't on sale in Mexico but is priced lower because that's the price the market will bear. What is this an example of? Multiple Choice O price kming premium pricing price discrimination price faxing predalory picing

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Marissa is on vacation in Mexico and buys a bottle of vanilla paste for about half the price she would pay for the same bottle at home. The vanila
paste isn't on sale in Mexico but is priced lower because that's the price the market will bear What is this an example of?
Multiple Choice
price somming
premium pricing
price discrimination
price fixing
predatory prong

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