Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Why do Movie theatres, airlines, and many other businesses like to charge customers dissimilar prices based on time of the day, age, and purchase dates? Provide an example of a price discrimination for a good or service that you thought it to unfair. Do you still believe that the discrimination is unjustifiable? Please do NOT use movie theatres or airlines in your example.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91225792

Have any Question?


Related Questions in Microeconomics

Question university towns with major football programs

Question: University towns with major football programs experience an increase in demand for hotel rooms during home football weekends. Hotels respond to the increase in demand by increasing the prices they charge for ro ...

Question consider an economy described by the followingbull

Question: Consider an economy described by the following: • autonomous consumption=C (bar) = 2.25 trillion • autonomous investments=I (bar) = 1.3 trillion • government purchases=G = 3.6 trillion • taxes=T = 3 trillion • ...

Question you are producing a new play that will open next

Question: You are producing a new play that will open next week. You are happy because advance purchasers have bought enough tickets that you will have a full house every night for the next year. Have you maximized your ...

Question you work for a marketing firm that has just landed

Question: You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products: guppy gummies, frizzles, and cannies. All of these products have been on the mar ...

Question currently the law prevents courts or police from

Question: Currently, the law prevents courts or police from releasing information about the criminal records of people under 18 years old. Members of certain minorities are more likely than other persons to have had prob ...

Question 1 suppose that the utility possibility frontier

Question: 1. Suppose that the utility possibility frontier for two individuals is given by U A  + 2U B  = 200. a- Draw the utility frontier b- If the social welfare function is of the Nietzschean type, W =max{U A , U B } ...

Question assume that in long-run equilibrium the minimum

Question: Assume that in long-run equilibrium the minimum point of the LRAC curve for a table manufacturer's tables in $200 per table. Under conditions of monopolistic competition, will the long-run price of a table be a ...

Question in 1964 and 1965 a 20 reduction in personal and

Question: In 1964 and 1965, a 20% reduction in personal and corporate income tax rates was followed by a budget surplus. In 1982 and 1983, a 20% reduction in personal and corporate income tax rates was followed by a budg ...

Question - a firm is considering moving its manufacturing

Question - A firm is considering moving its manufacturing plant from USA to a new location in Qatar. The Industrial Engineering Department was asked to identify the various alternatives to relocate the plant. The enginee ...

Question 1 explain the analogy between the intertemporal

Question: 1. Explain the analogy between the intertemporal optimum of the consumer (choice between current consumption C0and future consumption C1) and the optimum of the consumer at a moment of time (choice between cons ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As