Which of the following is an example of price discrimination?
a. An online bookstore charges more for overnight shipping than standard shipping when customers buy books from it.
b. Airline tickets are more expensive for first-class seats than for coach.
c. Hotel rates for AAA members are lower than for nonmembers.
d. All of the above are correct.
c
You might also like to view...
Equity of U.S. companies can be purchased by
A) U.S. citizens only. B) foreign citizens only. C) U.S. citizens and foreign citizens. D) U.S. mutual funds only.
The accompanying table below shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15. Number of Car Washes Per MonthTotal Monthly Benefit from Car Washes0$01$202$363$484$565$60 What is the marginal benefit of the 3rd car wash each month?
A. $4 B. $12 C. $48 D. $16