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12 June, 14:31

Which case best represents a case of price discrimination?

a. A major airline sells tickets to senior citizens at lower prices than to other passengers.

b. An insurance company offers discounts to safe drivers.

c. A utility company charges less for electricity used during off-peak hours, when it does not have to operate its less-efficient generating plants.

d. A professional baseball team pays two players with identical batting averages different salaries.

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  1. 12 June, 14:41
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    The answer is D. A professional baseball team pays two players with identical batting averages different salaries
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