Question: How Much Does It Cost to Take Public Transit in Toronto? The price of a TTC day pass is $12.50. A weekly pass with unlimited

How Much Does It Cost to Take Public Transit in Toronto? The price of a TTC day pass is $12.50. A weekly pass with unlimited travel is $43,75 for adults and $34.75 for seniors and students. Source: Tripsavvy, September 3, 2019

a. Explain why the TTC's fare structure is an example of price discrimination.

b. Why does the TTC sell passes at various prices?

e. Draw a graph to show that the TTC benefits from price discrimination. Monopoly Regulation

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