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Author Question: Provide some real-world examples of price discrimination in action. What will be an ideal ... (Read 167 times)

bucstennis@aim.com

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on: Jun 29, 2018
Provide some real-world examples of price discrimination in action.
 
  What will be an ideal response?

Question 2

The economy is at full employment when all unemployment is ________.
 
  A. structural
  B. cyclical
  C. structural and cyclical
  D. structural and frictional


bpool94

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Examples are very common place. Airlines routinely charge those who stay over Saturday nights a much lower fare than those who do not. Movie theatres, hotels and restaurants routinely charge a lower price for children and the elderly.

Answer to Question 2

D Answer D is the definition of when the economy is at full em-ployment.


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