Business, 14.11.2019 01:31 kimboblack4192

Nick and teresa are debating the pricing strategy of several airlines. nick argues, "when airlines restrict discounted tickets to people who book well in advance and stay over on a saturday, it is not price discrimination, because the restrictions have nothing to do with individual buyers' willingness to pay." however, teresa says, "the airlines' stay-over restrictions are a form of price discrimination, because they roughly split the market into two separate groups that are willing to pay two different amounts."

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Nick and teresa are debating the pricing strategy of several airlines. nick argues, "when airlines r...