Several businesses and organizations in Hawaii,including hotels,practice what is called kama'aina pricing.Under this pricing strategy,customers with a valid Hawaii driver's license are charged the lowest price,customers with a valid military identification card are charged slightly higher prices,and all other customers are charged the highest price for the identical good or service.This is an example of ________.

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This is an example of third-degree price discrimination, where prices are set differently for different groups of customers based on their willingness to pay. Customers with a valid Hawaii driver's license and military identification card are considered to have a lower willingness to pay compared to other customers, and hence are charged lower prices.

Several Businesses and Organizations in Hawaii,including Hotels,practice What Is Called