Question

Which of the following could not be considered price discrimination? The issuing of discount tickets to...

Which of the following could not be considered price discrimination?

The issuing of discount tickets to week-end travelers

Airlines offering super-saver fares to everyone y>

Movies offering cheap matinees

Senior citizen's discounts

Homework Answers

Answer #1

Price discrimination is practiced by a monopolist by charging consumers on the basis of their respective willingness to pay. A monopolist takes advantage of being price maker and charges different prices for the same product in segregated markets. Among the following, Airlines offering super saver fares to everyone is an example where price is not discriminated as airlines offer discount fares to everyone and do not discriminate among the passengers as there are weekend travelers and business executives which are daily commuters.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. Which of the following is a real-world example of an attempt at perfect price discrimination?...
1. Which of the following is a real-world example of an attempt at perfect price discrimination?    a.   a college’s varying tuition rates, depending on state of residence    b.   an advertisement for “buy one, get one free” pizza before 3:00 P.M.    c.   a discount on preinstalled computer software    d.   a restaurant’s blue plate special    e.   a car dealership selling an automobile 2. Monopoly leads to an inefficient level of the production of goods. This means that...
1. Suppose that a monopolist engages in first-degree price discrimination. Which of the following statements is...
1. Suppose that a monopolist engages in first-degree price discrimination. Which of the following statements is true? a. Consumers receives all the economic surplus. b. The economic surplus is equally distributed between the consumers and the monopolist. c. The monopolist receives all the economic surplus. d. Total surplus is not maximised ( there is a deadweight loss) e. None of these. 2. A monopolist has no fixed costs and a constant marginal cost equal to $4 per unit. Suppose that...
1. What are the requirements for successful price discrimination? Does this type of dry cleaning qualify?...
1. What are the requirements for successful price discrimination? Does this type of dry cleaning qualify? 2. What are other examples of price discrimination? 3. The effectiveness of price discrimination is a different question than whether businesses should be able to discriminate by price. Is this an issue that deserves regulation, or is it best left to the market? Why Women Pay More From dry cleaning to haircuts, women often pay more than men due to gender pricing. Find out...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
Which of the following best describes a project management plan? The project charter, WBS, and project...
Which of the following best describes a project management plan? The project charter, WBS, and project scope statement The schedule, management plans, and budget A formal, approved document used to control the project The project manager's plan for managing and controlling the work The engineering department wants the project objective to be a 10 percent improvement in throughput. The information technology department wants no more than 5 percent of its resources to be used on the project. Management, who is...
Erin is Yard and Shipping Supervisor for a Modular/Manufactured home company in Edmonton, Alberta. The company,...
Erin is Yard and Shipping Supervisor for a Modular/Manufactured home company in Edmonton, Alberta. The company, in business for over 25 years, has a good reputation but does not have a formal quality control/assurance program. Erin has been the yard supervisor for 4 years and prior to that she worked a variety of jobs in the assembly plant. In her position she is responsible for the supervision of the storage yard where finished homes are held prior to shipping. In...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...