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1.4. Which of the following is not an example of price discrimination? A. The lower cost structure of SAFAIR which allows it to sell cheaper airline tickets B. The local golf club offering lower prices to play 18 holes to students C. The strategy of "buy two, get one free" pizza promotions at Romans Pizza D. Cheaper electricity during off-peak periods E. Banks giving better interest rates to graduates when they are buying a vehicle 5. If the price elasticity of a product is relatively inelastic it is possible that the A. product is a luxury. B. product has many substitutes. C. product is a complement to many other products that are necessities D. proportion of consumers income spent on this product is large E. utility a consumer gets from the product is small