Expert Q&A; Done 7 Question aot a lucky student can wind up paying $20 for a $23

Question

Expert Q&A; Done 7 Question aot a lucky student can wind up paying $20 for a $230 seat The shudent nush tickets are available on a fut-come ft-ser v ist attempt Part 1 (1 point) Why does the opera company offer these lowr priced tckets? Choose one dor .It wants students to have access to shows at a low rice C. This creates a frenay for last-inue student tickets Part 2 (1 point) Part 2 (1 point) Howdoes the opera company benefit from this practioe? Choose one or more lower price C The Met can effectively price-discriminate between students and nonstudents D. The Met is able to charge diferent prlkoes to different groups,raising ts profits Part 3 (1 point) Why are students, and not other groups of customes offered the discounted tickets? Choose one A In gerer a students love opera

Explanation / Answer

1.

Correct options: (a) and (d)

2.

Correct options: (a) and (b)

3.

Correct options: (b) and (d)

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