(Last Word) Which of the following is not an example of pricing based on group differences in elasticity of demand?
A)senior-citizen discounts at restaurants and motels
B)cash rebates for purchases of automobiles
C)child discounts for admission to theme parks
D)discounted student prices for visits to museums

Question

Quizplus · Accepted Answer

Cash rebates for purchases of automobiles are not based on group differences in elasticity of demand but are instead a general incentive to encourage purchases.

(Last Word) Which of the Following Is Not an Example