Question explain how each of the following is a form of, Ask an Expert

Economics

Question: Explain how each of the following is a form of price discrimination.

a. a student discount at the movie theater

b. long-distance phone service that costs 15 cents per minute for the first 10 minutes and 5 cents per minute after 10 minutes

c. a psychic who charges each customer his or her maximum reservation price for palm readings

d. a senior citizen breakfast discount at a local restaurant

e. coupon discounts on laundry detergent

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92251894

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