Which of the following is not an example of price discrimination?
A)Business travelers pay more than holiday traveler.
B)Women pay lower insurance premiums than men.
C)A senior citizen pays a discounted fare when boarding a bus.
D)A kid pays a lower cinema hall access fee than adults.

Question

Quizplus · Accepted Answer

Price discrimination involves charging different prices to different groups of people based on their willingness or ability to pay. Option B is not an example of price discrimination as women are generally charged lower insurance premiums than men due to the lower risk of accidents and claims. The other options involve different prices being charged to different groups based on their status or age, which is a form of price discrimination.

Which of the Following Is Not an Example of Price