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Managerial Economics
HOMEWORK SET#5
Name:
Class:
Student #:
(Due day: Next class)
Part 1:
1. Discrimination based upon the quantity consumed is referred to as ______________ price discrimination.
a. first-degree
b. second degree
c. third-degree
d. group
Choose: b)
2. Club Med, which runs a number of vacation resorts, offers vacation packages at a lower price in the winter, the off season, than in the summer. This practice is an example of:
a. peak-load pricing.
b. intertemporal price discrimination.
c. two-part tariff.
d. bundling.
e.
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