Airlines offer lower prices to vacationers than to business travelers because
A) of government regulations requiring them to do so.
B) business travelers do not care at all about costs.
C) business travelers are less flexible in their travel plans than vacationers are.
D) airlines know that business travelers enjoy flying more than vacationers do.
Correct Answer:
Verified
Q37: A good example of perfect price discrimination
Q38: If a market is controlled by a
Q39: Q40: Assume a firm organizes all individuals by Q41: Suppose a profit-maximizing monopoly is able to![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents