Companies are required to treat all consumers equally because of the consumer protection policy that prohibits _____.A.potential hazardsB.customer privacyC.price discriminationD.product liability
Question
Companies are required to treat all consumers equally because of the consumer protection policy that prohibits _____.A.potential hazardsB.customer privacyC.price discriminationD.product liability
Solution
The correct answer is C. price discrimination. Consumer protection policies prohibit companies from treating consumers differently in terms of pricing. This means that they cannot charge different prices for the same product or service based on the consumer's personal characteristics.
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