If a college student's demand for newspaper subscriptions is more price-elastic than a business executive's demand for newspaper subscriptions, which of the following pricing strategies would a price-discriminating newspaper publisher follow?
A. Set price according to the marginal cost of printing the newspaper
B. Charge a higher price to college students
C. Charge a higher price to business executives
D. Charge the same rate to college students and business executives
Answer: C
Economics
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