Which of the following is not an example of third-degree price discrimination? A.Discounted movie tickets for...
Which of the following is not an example of third-degree price discrimination?
A.Discounted movie tickets for senior citizens.
B.Manufacturer's coupons.
C.Higher fares for business travellers.
D.Reservation pricing for each consumer.
E.Lower prices for students.
Homework Answers
Answer
The correct answer is "option D"
D.Reservation pricing for each consumer.
There are three types of price discrimination namely first degree, second degree, and third degree. Charging each consumer his/her reservation price is first-degree price discrimination.
A. Discounted movie tickets for senior citizens.
Third Degree
B.Manufacturer's coupons.
Third Degree
C.Higher fares for business travelers.
Third Degree
D.Reservation pricing for each consumer.
First Degree
E.Lower prices for students.
Third Degree
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