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The Following Table Shows the Marginal Revenues Earned by a Price

Question 109

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The following table shows the marginal revenues earned by a price discriminating monopolist in two different markets.Table 11.5
The following table shows the marginal revenues earned by a price discriminating monopolist in two different markets.Table 11.5    -Movie theaters are able to offer discounts to senior citizens because: A) the elderly deserve lower prices because of their contributions to society. B) senior citizens have the most inelastic demand. C) theaters can separate senior citizens from other customers, and it is easier to prevent resale. D) senior citizens cannot see the movie very well because of poor eyesight. E) senior citizens are frequent visitors to the movie theaters.
-Movie theaters are able to offer discounts to senior citizens because:


A) the elderly deserve lower prices because of their contributions to society.
B) senior citizens have the most inelastic demand.
C) theaters can separate senior citizens from other customers, and it is easier to prevent resale.
D) senior citizens cannot see the movie very well because of poor eyesight.
E) senior citizens are frequent visitors to the movie theaters.

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