1.1 In the examples in Table 10.1, if the movie theater does not price discriminate, it charges...
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1.1 In the examples in Table 10.1, if the movie theater does not price discriminate, it charges either the highest price the college students are willing to pay or the one that the senior citizens are willing to pay.
Why doesn’t it charge an intermediate price? (Hint:
Discuss how the demand curves of these two groups are unusual.)
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Related Book For
Managerial Economics And Strategy
ISBN: 9780135640944
2nd Global Edition
Authors: Jeffrey M. Perloff, James A. Brander
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