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Hersheypark in Pennsylvania mentions the following offer on its Web page: "A military discount is available at Hersheypark during the regular summer operating schedule off of the Regular, Junior and Senior One Day admission. This discount is available to active duty military, reserves, retired military personnel, and members of the National Guard." This is _____ price discrimination.
Economic Theory
A set of principles and concepts that helps in the explanation and prediction of economic phenomena.
International Trade
The exchange of goods and services between countries, allowing for greater variety and availability of resources and products.
Domestic Consumption
The total amount of goods and services consumed by the residents of a country.
Domestic Production
The total value of all goods and services produced within a country's borders over a specified period of time.
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