student1539 student1539

28-01-2020
Physics

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A tennis pro charges $15 per hour for tennis lessons for children and $30 per hour for tennis lessons for adults. The tennis pro is practicing A) first-degree price discrimination. B) second-degree price discrimination. C) third-degree price discrimination. D) fourth-degree price discrimination. E) fifth-degree price discrimination.

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KvngDami KvngDami

29-01-2020

Answer:

Third-degree price discrimination

Explanation:

Third degree price discrimination according to Investopedia.com occurs when companies price products and services differently based on the unique demographics of subsets of its consumer base, such as students, military personnel, or seniors.

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