Price Discrimination-A Christmas Story

Last updated about 2 months ago
4 questions
1

Why can merchants charge higher prices before Dec 25, according to the text?

1

The practice of raising pre-Christmas prices and slashing them on Boxing Day illustrates which concept?

1

How does a hectic Boxing Day atmosphere screen consumers by income?

1

If leisured shopping is a normal good, the passage implies that when income rises, demand for it will?