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21 January, 06:23

Marta takes her 72-year-old mother and her 11-year-old son to the local water park. Marta pays $12 for her ticket, $8 for her mother's senior citizen ticket, and $6 for her son's children's ticket. This is an example of:

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  1. 21 January, 09:11
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    Answer:Third Degree Price Discrimination

    Explanation:

    Third Degree Price Discrimination refers to how prices of the same good are sometimes adjusted for diffrent groups of customers in such that people of different age pays different price for the same trip. Factors that are use in identifying these consumers ta age, sex, location and time of purchase.

    Discounts are usually given to pensioners and students

    This is usually done looking at the income difference that comes with diffrent ages.
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Home » Social Studies » Marta takes her 72-year-old mother and her 11-year-old son to the local water park. Marta pays $12 for her ticket, $8 for her mother's senior citizen ticket, and $6 for her son's children's ticket. This is an example of:
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