Which of the following statements about price discrimination are true? Choose one or more: A. One example of price discrimination is Subway charging more for its footlong subs than for its 6-inch subs. B. One example of price discrimination is a movie theater charging a lower price for a 2:00 PM movie than it charges for the same movie at 8:00 PM. C. One example of price discrimination is a restaurant that provides a "senior discount" to people over age 50. D. Price discrimination usually leads to higher total surplus than single-price monopolies, and it can even maximize total surplus.

Which of the following statements about price discrimination are true? Choose one or more: A. One example of price discrimination is Subway charging more for its footlong subs than for its 6-inch subs. B. One example of price discrimination is a movie theater charging a lower price for a 2:00 PM movie than it charges for the same movie at 8:00 PM. C. One example of price discrimination is a restaurant that provides a "senior discount" to people over age 50. D. Price discrimination usually leads to higher total surplus than single-price monopolies, and it can even maximize total surplus.

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

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Question

Which of the following statements about price discrimination are true?
Choose one or more:
A. One example of price discrimination is Subway charging more for its footlong subs than for its 6-inch subs.
B. One example of price discrimination is a movie theater charging a lower price for a 2:00 PM movie than it
charges for the same movie at 8:00 PM.
C. One example of price discrimination is a restaurant that provides a "senior discount" to people over age 50.
D. Price discrimination usually leads to higher total surplus than single-price monopolies, and it can even
maximize total surplus.
a

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