Which of the following statements is not correct?

Multiple Choice

A Peak-load pricing is the practice of setting prices highest when the quantity demanded for the product approaches the physical capacity to produce it.

B Price discrimination is the practice of selling identical goods or services to different customers at different prices.

C Throughput contribution equals sales dollars minus direct materials costs and other variable costs such as energy and piecework labor.

D Price fixing is a particular legal and ethical problem because it is not universally illegal.

E Dumping is the practice of setting the selling price of a product at a low price with the intent of driving competitors out of the market or creating a barrier to entry for new competitors.