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Valentin [98]
3 years ago
10

Should senior citizens, students, and children be allowed to pay cheaper prices for goods and services

Business
1 answer:
Damm [24]3 years ago
6 0

Answer:

Price discrimination

Explanation:

Price discrimination refers to a marketing tactic in which the seller invoice different prices to clients for the identical type of product or service they are offering to the customers

While on the other hand, In pure price discrimination, the seller charges the maximum price from each customer

Therefore in the given situation, here price discrimination should be used

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A shift from labor to equipment is:
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Le Jouet is a profit-maximizing firm that produces toy trains. In France, its home country, it enjoys unchallenged market power
marysya [2.9K]

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The demand that Le Jouet faces for toy trains in France is less elastic than in Russia.

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