Which of the following is an example of price discrimination? Select one alternative: Airline tickets are more expensive for business class seats than for economy class. The local movie theatre charges less money for a ticket to a senior citizen than to an adult. Hotel rooms with an ocean room are more expensive than those without a view. Vehicles with cloth interior are less expensive than those with leather interior.

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Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.