Fast-food stores often charge higher prices for their products in high-crime areas than they charge in low-crime

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Fast-food stores often charge higher prices for their products in high-crime areas than they charge in low-crime areas. Is this an act of price discrimination? Why or why not?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:44 AM

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Fast-food stores often charge higher prices for their products in high-crime areas than they charge in low-crime

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It might be an attempt at selfinsurance Since stock lost to crime raises the unit c...View the full answer

Economics

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