because vacationers are willing to put up with the restrictions that the airlines impose.
A major airline sells tickets to senior citizens at lower prices than to other passengers.
Price discrimination is indistinguishable
price discrimination allows companies to defend
An advantage to price discrimination to producers is that firms will be able to increase sales. A disadvantage to consumers is that it can cause things to cost more.
If you were the recepient of the increased prices.
It isn't. In a free market one is free to charge what one wants.
$1.53
Expedia.com and travelocity.com both offer websites where you can decide on a location and compare airline and hotel prices. You can then sort by price, change dates, or select the area where you want to stay.
Expedia.com isn't a business in the sense that they sell airline tickets themselves. Expedia is a site that compares airline rates for you, and makes it easier to decide which airline has the lowest current price for an upcoming flight you want to take.
Price discrimination is indistinguishable
A major airline sells tickets to senior citizens at lower prices than to other passengers.
The blue light special at Kmart is the equivalent of a Managers special elsewhere. Certain items are offered at a discounted price.
You need to know the discounted price and either the discount amount or the discount rate. If you know the discount amount: Original Price = Discounted Price + Discount If you know the Discount Rate (percentage discount ): Original Price = 100*Discounted Price / (100 - Discount Rate)
Sudafed can be purchased from many online sites at a reduced or discounted price. Amazon is one online site that sells this product at a discounted price.
no discounted price is the price after some money has been taken off the sale price for a sale etc. but sale price is the original price
The discounted price is $31.50
Discount = Original Price - Discounted Price Percentage Discount = 100* Discount / Original Price