Which of the following firms practices price discrimination?
A)automobile dealerships
B)airlines
C)movie theaters
D)amusement parks
E)all of the above

Question

Quizplus · Accepted Answer

All of the above firms practice price discrimination to some extent. Automobile dealerships may offer different prices to different customers based on their willingness to pay or bargaining power. Airlines often offer different prices for the same flight depending on factors such as the time of day, day of the week, and how far in advance the ticket is purchased. Movie theaters may offer different prices for matinee showings, senior citizens, and children. Amusement parks may offer different prices for peak and non-peak days or for tickets purchased in advance versus at the gate.

Which of the Following Firms Practices Price Discrimination