Based on the principles of price discrimination

Assignment Help Business Economics

Reference no: EM131092403

Unlike train and bus travel, there are no discount for students or retired people for airline tickets.

Why airline companies do not give discount to students? As a student with low income, what are your strategies to find the cheapest ticket based on the principles of price discrimination?

Reference no: EM131092403

Questions Cloud

Explain how this article relates to firm production and cost : Find an article on firm's production and cost from a major news media by providing title, date, source and summary of the article. Explain how this article relates to firm production and cost.

Contains an incorrect use of an adjective or adverb : Which of the following sentences contains an incorrect use of an adjective or adverb?

Consider an open economy with fixed exchange rates : Consider an open economy with fixed exchange rates. Suppose that foreign goods become more fashionable--that is, the demand for foreign goods at a given exchange rate increases. Describe how this change affects output and the interest rate if: a) the..

Positioning for the present and adapting to the future : "Strategy has two major dimensions: positioning for the present and adapting to the future" (Jordon & Grant, p. 170). In adapting to strategic change, structures, systems, and culture are the most stable parameters of an organizational design and tho..

Based on the principles of price discrimination : Unlike train and bus travel, there are no discount for students or retired people for airline tickets. Why airline companies do not give discount to students? As a student with low income, what are your strategies to find the cheapest ticket based on..

Environmental regulations impose additional costs : “Multinational manufacturers will open factories in a country with the lowest cost of operations. Environmental regulations impose additional costs to manufacturers. In order to induce them to come and invest, developing countries will compete by rel..

Labor market for coffee roasters is in equilibrium : Assume that the labor market for coffee roasters is in equilibrium. A new ad campaign by the coffee industry, “A coffee a day keeps the sleepies away,” is successful and consumers prefer more coffee. Graph the effect of this on equilibrium wages W1 a..

Constant factor in both in our personal and work lives : Change is a constant factor in both in our personal and work lives. There seems to be resistance to change whether the change will be good or bad. Why do people resist change?

When designing an organizational structure : There are many elements to consider when designing an organizational structure. Pick one of the six key elements and discussing why that element is important to the overall success of the design.

User Account

All Pages