Which of the following is an example of group price discrimination?
A) Senior citizen discounts.
B) Buy two, get one free.
C) Buy one, get another half off.
D) None of the above.
A
Economics
You might also like to view...
The aggregate supply curve in the classical model is
A) horizontal. B) vertical. C) upward sloping. D) downward sloping.
Economics
If the minimum wage law sets a price floor above the equilibrium wage in the market for unskilled labor, then the
A) minimum wage will create a surplus of unskilled labor. B) minimum wage will create a shortage of unskilled labor. C) minimum wage will not impact the unskilled labor market. D) unskilled labor market will change, but we cannot be certain how.
Economics