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Author Question: One reason movie theatres charge a lower admission price to senior citizens is that (Read 45 times)

Austinleez3

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One reason movie theatres charge a lower admission price to senior citizens is that
◦ movie-theatre owners are able to practice perfect price discrimination.
◦ senior citizens have a less elastic demand than other movie-goers.
◦ senior citizens have a more elastic demand than other movie-goers.
◦ senior citizens have a higher willingness-to-pay than other people.
◦ government sets the price policies.


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Marked as best answer by Austinleez3 on Oct 12, 2022

dude123

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Austinleez3

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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