Question: a). A recent study by economists Steven Puller and Lisa Taylor found that airline tickets purchased over the weekend were priced 5% lower on average.

a). A recent study by economists Steven Puller and Lisa Taylor found that airline tickets purchased over the weekend were priced 5% lower on average. Why would airlines charge lower prices to customers making bookings on the weekend?
b). what is the difference between direct and indirect price discrimination? Provide examples of each.

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a The reason lies in elasticity of demand A discriminating pricing can work only if different consum... View full answer

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