One example of price discrimination occurs in the airline industry as airlines typically set a high price for business people and a low price for vacationers. Use this example to demonstrate and graphically illustrate the rationale of airlines' price-discrimination pricing strategy.

Question

Quizplus · Accepted Answer

The Answer of One example of price discrimination occurs in the airline industry as airlines typically set a high price for business people and a low price for vacationers. Use this example to demonstrate and graphically illustrate the rationale of airlines' price-discrimination pricing strategy.

One Example of Price Discrimination Occurs in the Airline Industry