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Business, 13.11.2019 22:31 hanz73

Eric and kate are debating the pricing strategy of several airlines. eric argues, "when airlines restrict discounted tickets to people who book well in advance and stay over on a saturday, it is not price discrimination, because the restrictions have nothing to do with individual buyers' willingness to pay." however, kate says, "the airlines' stay-over restrictions are a form of price discrimination, because they roughly split the market into two separate groups that are willing to pay two different amounts."
economists generally agree with eric or kate?

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