Question
Clive runs his own cinema. He offers pensioners discounted tickets. However, he does not offer this discount on newly released movies.This is a result of
Clive runs his own cinema. He offers pensioners discounted tickets. However, he does not offer this discount on newly released movies.This is a result of the number of tickets demanded being greater than what he can supply while also having to employ additional staff to service the extra customers.
Which of the following statements are true: (not only one correct choice)
a, Clive is third degree price discriminating by offering pensioners a discount.
b, Clive is using peak load pricing by offering pensioners a discount.
c, Clive is third degree price discriminating by not offering discount tickets to newly released films.
d, Clive is using peak load pricing by not offering discounts on tickets to newly released films.
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