Multiple Choice
Disneyland price discriminates because
A) everyone loves going to The Happiest Place on Earth, so they'll pay whatever Disneyland wants to charge.
B) children are cheaper to service, so Disneyland can charge lower prices for a children's ticket.
C) only a certain number of people can get into Disneyland at any given time, limiting supply, and the market demand curve is nearly completely inelastic.
D) local residents likely wouldn't go to the park at prices Disneyland can charge for tourists, which would reduce Disneyland's profits.
Correct Answer:

Verified
Correct Answer:
Verified
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