If Coconut Joe's offers lower drink prices to women on Ladies Night, it is engaging in _____ price discrimination.

Name: If Coconut Joe's offers lower drink prices to women on Ladies Night, it is engaging in _____ price discrimination.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Third-degree price discrimination involves charging different prices to different groups of consumers for the same product, based on their willingness to pay. In this case, Coconut Joe's is charging different prices based on gender.

If Coconut Joe's Offers Lower Drink Prices to Women on Ladies