An electricity provider charges consumers $0.20 per kWh for the first

An electricity provider charges consumers $0.20 per kWh for the first 100 kWh, $0.25 per kWh for the next 50 kWh, and $0.27 per kWh for all subsequent kWH of usage. This would be considered

A) an antitrust violation.
B) an example of increasing-block pricing.
C) bad business practices.
D) an example of three-part pricing.

ANSWER

B