-Refer to the graph above to answer this question.The graph shows a tennis coach charges $20 per hour for tennis lessons for adults and $10 per hour for tennis lessons for children.The tennis coach is practicing:
A)Peak load pricing
B)Three part pricing
C)Price discrimination
D)Bundling
E)All of the choices are correct.

Question

-Refer to the graph above to answer this question.The graph shows a tennis coach charges $20 per hour for tennis lessons for adults and $10 per hour for tennis lessons for children.The tennis coach is practicing:
A)Peak load pricing 
B)Three part pricing 
C)Price discrimination 
D)Bundling 
E)All of the choices are correct.

Quizplus · Accepted Answer

Price discrimination is the practice of charging different prices to different consumers for the same product or service when the price differences are not justified by differences in cost. In this case, the tennis coach is charging adults and children different rates for tennis lessons, which is a form of price discrimination based on age.

-Refer to the Graph Above to Answer This Question