Which of these are cases of price discrimination and which are not? In the cases of price

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Which of these are cases of price discrimination and which are not? In the cases of price discrimination, identify the consumers with high and those with low price elasticity of demand.

a. Damaged merchandise is marked down.

b. Restaurants have senior citizen discounts.

c. Food manufacturers place discount coupons for their merchandise in newspapers.

d. Airline tickets cost more during the summer peak flying season.

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Essentials Of Economics

ISBN: 9781319221317

5th Edition

Authors: Paul Krugman, Robin Wells

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