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Lilit [14]
3 years ago
14

Even though many ballparks practice price discrimination between adults and children in selling tickets, such discrimination is

not applied at the concession stands because
Business
2 answers:
Digiron [165]3 years ago
8 0

Answer:

Price discrimination occurs when the same goods or services are charged by a company at different customer prices. Many types of price discrimination are illegal such as charging more for women's haircuts than men's haircuts. To be legal, it is necessary to justify the different prices charged to another group by the amount of effort required.

In that case, even if ballparks charge different prices for children than for adults, it is not often done at the concession stands because children can purchase cheaper tickets that later could be used by adults.

IRISSAK [1]3 years ago
3 0
Discrimination is not applied at the concession stands because there can be exchange of the product from children, who'd buy it at a lower price, to adults.
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B) If the price elasticity of demand is zero, then all of the tax burdens fall on the sellers (perfectly inelastic).

<h3><u>How does price elasticity work?</u></h3>

A measure of a product's consumption change in response to a price change is called price elasticity of demand. Price elasticity is a tool used by economists to analyze how changes in a product's price affect its supply and demand. Supply has an elasticity similar to demand, and it's called the price elasticity of supply.

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Answer:

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