Which of the following is an example of price discrimination?
A) value meals at fast-food restaurants
B) senior citizen discounts
C) tax-exempt status for nonprofit organizations
D) holiday sales at retail stores

Question

Quizplus · Accepted Answer

Senior citizen discounts are an example of price discrimination because they offer a lower price to a specific group (in this case, seniors) based on their willingness or ability to pay. The fast-food value meals, tax-exempt status for nonprofits, and holiday sales do not necessarily target a specific group based on their willingness or ability to pay.

Which of the Following Is an Example of Price Discrimination