Which of the following would not be considered price discrimination?
A) setting separate rates for residential and commercial uses of electricity
B) giving a senior citizen discount at restaurants
C) renting recently released videos at a higher price than the old classic videos
D) giving children a discount at the movies
E) giving students a discount on ski lift tickets
Correct Answer:
Verified
Q219: Exhibit 9-17 Q220: Price discrimination will occur whenever a firm Q221: Price discrimination occurs when a monopolist charges Q222: Price-discriminating, profit-maximizing monopolists charge higher prices to Q223: If a monopolist engages in perfect price Q225: For which of the following products would Q226: Which of the following is not a Q227: Which of the following is true of Q228: A monopolist that engages in perfect price Q229: Which of the following is a major
A)both
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