If Big Fitness, a large workout facility, offers a discounted membership to college students, this is an example of______ .

Question

Quizplus · Accepted Answer

Third-degree price discrimination involves charging different prices to different demographic groups based on their willingness or ability to pay. Offering a discounted membership to college students is an example of this, as it targets a specific demographic group with a different price.

If Big Fitness, a Large Workout Facility, Offers a Discounted