An example of price discrimination is the price charged for:
A) a postage stamp.
B) theater tickets that offer lower prices for children.
C) an economics textbook at a campus bookstore.
D) Any of these.

Question

Quizplus · Accepted Answer

Theater tickets that offer lower prices for children is an example of price discrimination as the price is adjusted based on the buyer's willingness to pay. Children generally have a lower willingness to pay for tickets compared to adults and are therefore charged a lower price. The other options do not involve price discrimination as the same price is charged to all buyers.

An Example of Price Discrimination Is the Price Charged For