Chapter 10.docx - 1) Which of the following conditions must...

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1)Which of the following conditions must be satisfied for price discrimination to besuccessful?
2)Assume that the price elasticity of demand for movie theatres is -.85 during all eveningshows but for all afternoon shows the price elasticity of demand is -2.28. For the theatretomaximize total revenue, it should
3)Arbitrage
4)Airlines charge a ____________ price to business travelers compared to leisure travelersbecause business travelers have a ____________ demand than leisure travelers.
5)14.3If you don't want to give discount and also don't want to reduce profit or sale of the productyou can provide volume discount to chain supermarket for example you can keep productdiscount like if you buy 10 pieces it will cost you 10$ per piece if you purchase more than 15
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