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Business, 29.07.2020 20:01 justintsmith6415

Complete the following by indicating whether or not each an example of price discrimination. a. Hotels charge a higher price for rooms with a nicer view, such as a skyline view or a coastal view. Assume that all consumers receive a higher utility when staying in a room with a nicer view.
b. Last-minute "rush" tickets can be purchased for most Broadway theater shows at a discounted price. They are typically distributed via lottery or on a first-come, first-served basis a few hours before the show. Assume that the theater in question does not hold seats in reserve for this purpose, but rather offers rush tickets only for seats not sold before the day of the performance.

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Complete the following by indicating whether or not each an example of price discrimination. a. Hot...
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