Senior citizens can buy movie tickets at a lower price than the general public. This is an example of
A) age discrimination.
B) demand discrimination.
C) price discrimination.
D) price differentiation.
Answer: C
Economics
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Refer to Table 2-13. Which of the following statements is true?
A) Horace has an absolute advantage in dog grooming and Tammi in cat bathing. B) Tammi has an absolute advantage in both tasks. C) Horace has an absolute advantage in cat bathing and Tammi in dog grooming. D) Horace has an absolute advantage in both tasks.
Economics
Refer to Table 8.1. The maximum profit available to the firm is
A) $20. B) $30. C) $35. D) $155. E) $180.
Economics