One reason movie theatres charge a lower admission price to senior citizens is that
A) senior citizens have a less elastic demand than other movie- goers.
B) senior citizens have a more elastic demand than other movie- goers.
C) government sets the price policies.
D) movie- theatre owners are able to practice perfect price discrimination.
E) senior citizens have a higher willingness- to- pay than other people.
Correct Answer:
Verified
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