Madame Tussaud's wax museum is a popular tourist attraction in London. The museum charges higher entry rates for tourists compared to locals. This form of price discrimination is known as ________ pricing.

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Customer-segment pricing is when a company charges different prices to different groups of customers based on their willingness to pay. In this case, Madame Tussaud's is charging higher prices to tourists, who are likely willing to pay more for the experience than locals. This is a common form of price discrimination in the tourism industry.

Madame Tussaud's Wax Museum Is a Popular Tourist Attraction in London