Question: A large cinema chain is considering implementing third - degree price discrimination as part of its pricing strategy to increase revenue and better cater to

A large cinema chain is considering implementing third-degree price discrimination as part of its pricing strategy to increase revenue and better cater to diverse customer segments. The cinema has identified several demographic groups based on their movie-going habits and price sensitivity. The management is deliberating on how best to structure their pricing to reflect these differences. Which of the following approaches would most effectively implement third-degree price discrimination and why?

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