Among the following,which is the best example of price discrimination?

Question

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This is an example of price discrimination as the transit company is charging different prices to different groups of people based on their characteristics (i.e. age, employment status). This is also known as third-degree price discrimination.

The other options are not necessarily examples of price discrimination. A) is an example of seasonal pricing, where prices are higher during peak travel seasons. C) is an example of distance-based pricing, where prices increase as the distance traveled increases. D) is an example of promotional pricing, where prices are temporarily reduced to attract customers on a specific day of the week.

Among the Following,which Is the Best Example of Price Discrimination