A Broadway theater sells weekday show tickets at a lower price than for a weekend show. This is an example of:
A) price discrimination.
B) peak-load pricing.
C) price discrimination or peak-load pricing.
D) None of the statements is correct.

Question

Quizplus · Accepted Answer

The Broadway theater is engaging in both price discrimination by setting different prices for weekday and weekend shows and peak-load pricing by charging higher prices for shows that have higher demand (i.e. weekends). Therefore, the best choice is option C.

A Broadway Theater Sells Weekday Show Tickets at a Lower