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ivorydog114Lv1
28 Sep 2019
At the movies, adults pay a higher ticket price than children, and each group gets a different-coloured ticket. However, when adults and children go to the snack bar, both groups pay the same amount for popcorn and other snacks.
- Why does price discrimination stop at the ticket window, and not practised in the case of popcorn?
- What are the three main requirements for successful price discrimination?
- Explain the difference between first-degree price discrimination and second-degree price discrimination, giving suitable examples.
At the movies, adults pay a higher ticket price than children, and each group gets a different-coloured ticket. However, when adults and children go to the snack bar, both groups pay the same amount for popcorn and other snacks.
- Why does price discrimination stop at the ticket window, and not practised in the case of popcorn?
- What are the three main requirements for successful price discrimination?
- Explain the difference between first-degree price discrimination and second-degree price discrimination, giving suitable examples.
Nusrat FatimaLv10
28 Sep 2019