Even Though Many Ballparks Practice Price Discrimination Between Adults and Children

question 164

Multiple Choice

Even though many ballparks practice price discrimination between adults and children in selling tickets, such discrimination is not applied at the concession stands because

• A) children's demand for food is elastic and adults' demand for food is inelastic.
• B) adults' demand for food is elastic and children's demand for food is inelastic.
• C) there can be exchange of the product from children, who’d buy it at a lower price, to adults.
• D) there can be exchange of the product from adults, who’d buy it at a higher price, to children.

---

Definitions:

Anxiety

An emotion of stress, discomfort, or fear, usually in anticipation of a forthcoming event or an outcome that is not yet determined.

Avoidance

A behavior or strategy aimed at preventing negative outcomes or interactions.

Positive Forces

Influential factors or elements that contribute to positive outcomes, growth, or constructive change.

Relationship

A connection, association, or involvement between people, which can range from friendships and family bonds to romantic partnerships.