2. Which of the following are examples of price discrimination? Explain your answers. a. A cell phone

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2. Which of the following are examples of price discrimination? Explain your answers.

a. A cell phone carrier offers unlimited calling on the weekends for all of its customers.

b. Tickets to the student section for all basketball games are $5.

c. A restaurant offers a 20% discount for customers who order dinner between 4 and 6 p.m.

d. A music store has a half-

price sale on last year’s guitars.

e. A well-

respected golf instructor charges each customer a fee just under the customer’s maximum willingness to pay for lessons.

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Principles Of Economics

ISBN: 9780393623819

2nd Edition

Authors: Lee Coppock, Dirk Mateer

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