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Econ question: DaisyCo is an amusement park company using geographical segment pricing to increase profits. It charges different prices for its park entrance tickets in

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Econ question:

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DaisyCo is an amusement park company using geographical segment pricing to increase profits. It charges different prices for its park entrance tickets in different countries, After investigating the demand in country A and in country B, DaisyCo decided to charge a higher price in country A. Which of the following statements is consistent with this decision? 0 at DaisyCo has a lower market share in country A compared to its market share in country B O b' Consumers in country A have a lower purchasing power and are thus more price sensitive O c The cost of providing amusement park services is higher in country B, 0 do Consultants concluded that the price elasticity of demand for amusement parks is higher in country B than in country A O 2, There are many similar amusement parks in country A, whereas there is only little competition in country B

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