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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a This is not a case of price discrimination because all consumers regardless of their p...View the full answer
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