Airlines that charge higher prices for customers who purchase their tickets at the last minute are:
A)not price discriminating because the cost of the ticket is not the same.
B)price discriminating by identifying passengers with higher reservation prices.
C)perfect price discriminators.
D)lowering total economic surplus.

Question

Quizplus · Accepted Answer

Passengers who are willing to purchase their tickets in advance typically have lower reservation prices than those who purchase their tickets at the last-minute.

Airlines That Charge Higher Prices for Customers Who Purchase Their