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Movie Matinees Are Priced Lower Than the Evening Shows at Local

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Essay

Movie matinees are priced lower than the evening shows at local theaters; television advertising costs less when run after midnight. These are examples of what type of price discrimination?


Definitions:

Consistently Performed

Actions or behaviors that are carried out regularly and without significant variation, indicating reliability or stability in performance.

Descriptive Statistics

Mathematical procedures that allow a researcher to characterize a data pattern; these procedures include measures of central tendency and of variability.

Demand Characteristics

Cues in an experimental environment that suggest to participants what behavior is expected or desired by the researcher.

Obviously Correct

A term indicating that something is clearly right or true, leaving no room for doubt or debate.

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