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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 20
Suppose a museum charges different entrance fees for children, students, adults, and seniors, but these groups all pay the same amount for souvenirs at the gift shop. Explain why the museum price discriminates on admission but not souvenirs.
Explanation
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Price discrimination:
Price discriminat...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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