A Broadway theater sells weekday show tickets at a lower price than for a weekend show.This is an example of:

Question

Quizplus · Accepted Answer

The theater is charging different prices for the same product based on the day of the week, which is an example of price discrimination. Additionally, the theater is taking advantage of the higher demand and willingness to pay for weekend shows by charging a higher price, which is an example of peak-load pricing. Therefore, the answer is C, price discrimination or peak-load pricing.

A Broadway Theater Sells Weekday Show Tickets at a Lower