Explain how each of the following is a form of price discrimination. a. A student discount at

Question:

Explain how each of the following is a form of price discrimination.
a. A student discount at the movie theater.
b. Long-distance phone service that costs 15 cents per minute for the first 10 minutes and 5 cents per minute after 10 minutes.
c. A psychic who charges each customer his or her maximum reservation price for palm readings.
d. A senior citizen breakfast discount at a local restaurant.
e. discounts on laundry detergent.

Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...