Financial aid to college students, quantity discounts, and senior citizen discounts are all examples of

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Financial aid to college students, quantity discounts, and senior citizen discounts are all examples of price discrimination. Price discrimination is the practice of charging different prices to different groups of consumers for the same product or service. In this case, the prices are being differentiated based on the consumer's ability to pay, age, or quantity purchased. Price discrimination allows businesses to capture more of the consumer surplus and increase their profits.

Financial Aid to College Students, Quantity Discounts, and Senior Citizen