Movie Matinees Are Priced Lower Than the Evening Shows; Television

question 27

Essay

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

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Definitions:

Physiological Need

a basic bodily requirement that humans need to survive, like food, water, and shelter.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to changing external conditions.

Hungry Person

An individual experiencing the physical sensation of needing or wanting food, which may affect their mood and behavior.

Dehydration

A condition resulting from excessive loss of body water, impairing normal bodily functions.