The local ski

mountains sell "season passes". For a lump sum payment, you can receive a pass that allows you

to ski as many times as you would like for the season. Mountain resorts start selling these passes immediately after

the end of the previous season. So, the seas

on pass for the season that begins in late October can be purchased the

previous May. When you buy a pass in May, you often pay 1/3 to 1/2 of the price you would pay in October. Why

would a firm price this way? Do you categorize price strategy as price dis

crimination? If yes, explain which strategy

precisely and why?