When a firm gives discounts to senior citizens and children, it is using _____ to price discriminate.

Name: When a firm gives discounts to senior citizens and children, it is using _____ to price discriminate.
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Question

Quizplus · Accepted Answer

Pricing by age is a form of price discrimination where a firm offers different prices to different age groups, such as senior citizens and children, often to attract more customers from these groups or acknowledge their different ability to pay.

When a Firm Gives Discounts to Senior Citizens and Children