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    Microeconomics Theory with Applications
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    Exam 14: Price Discrimination Monopoly Practices
  5. Question
    A Local Restaurant Offers "Early Bird" Price Discounts for Dinners
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A Local Restaurant Offers "Early Bird" Price Discounts for Dinners

Question 11

Question 11

Multiple Choice

A local restaurant offers "early bird" price discounts for dinners ordered from 4:30 to 6:30 PM. This is an example of:


A) tying.
B) perfect price discrimination.
C) ordinary price discrimination.
D) a two- part tariff.

Correct Answer:

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