Question

Complete the following table by indicating whether or not each scenario is an example of price discrimination. A local boutique is having a sale on sweaters, but customers are not aware of the sale until they are already in the store. In other words, there is no advertising of the sale other than signs in the back of the store that cannot be seen from the outside All sweaters are marked as 45% off. 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.

Answer 1

Consider the following calculations

Step-by-step explanation:

1. No price discrimination.The shop is not charging different price for different quantities.

2. Price discrimination as only last minute tickets can be purchased as a discounted price and are only for seats not to be sold at the performance day.