Which of the following is an example of second-degree price discrimination? an airline company that offers an economy class ticket at a lower price than a business class ticket none of the other answers an electricity company that offers lower prices for new customers a gym that charges everybody the same membership and per visit fees a theatre that offers lower prices for seniors
Which of the following is an example of second-degree price discrimination? an airline company that offers an economy class ticket at a lower price than a business class ticket none of the other answers an electricity company that offers lower prices for new customers a gym that charges everybody the same membership and per visit fees a theatre that offers lower prices for seniors
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter14: Indirect Price Discrimination
Section: Chapter Questions
Problem 10MC
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![Which of the following is an example of second-degree price discrimination?
an airline company that offers an economy class ticket at a lower price than a business class ticket
none of the other answers
an electricity company that offers lower prices for new customers
a gym that charges everybody the same membership and per visit fees
a theatre that offers lower prices for seniors](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff4357e9a-0817-455e-985c-15ea958303aa%2F016b2b57-1d92-4d06-8370-c7287fb4e95f%2Fdjyjucf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is an example of second-degree price discrimination?
an airline company that offers an economy class ticket at a lower price than a business class ticket
none of the other answers
an electricity company that offers lower prices for new customers
a gym that charges everybody the same membership and per visit fees
a theatre that offers lower prices for seniors
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