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Question
Which price discrimination condition was satisfied by requiring students to show an ID card for an initial ticket purchase?
a. The concert promoter was able to encourage the resale of the product or service to another student.
b. The concert promoter was able to distinguish easily among groups of buyers with different price elasticities of demand.
c. The concert promoter was able to prevent the resale of the product or service to another consumer who is willing to pay more.
d. The concert promoter was able to distinguish easily among groups of sellers with different price elasticities of supply.
e. The concert promoter was able to distinguish easily between true fans of the Band Perry and those who just wanted to see a cheap concert.
Answer
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