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DragoxCM16 DragoxCM16
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5 years ago

Question 1.

Which of the following products allows the seller to identify different groups of consumers (segment the market) and practice price discrimination?

• clothing items sold through Macy's Department Store

• a hamburger sold at Burger King

• a cafe latte sold at Starbucks

• tickets to matinee shows at a movie theatre

Question 2.

Why might a producer practice price discrimination?

• to make its products more affordable to those with low incomes

• to maximize economic efficiency

• to maximize profits

• to maximize quantity demanded
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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joanametjoanamet
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5 years ago
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