Arnie's Airlines Decides to Offer Different Fares to Different Customers

question 320

Multiple Choice

Arnie's Airlines decides to offer different fares to different customers for the same trip.Arnie's price discriminates because Arnie

• A) wants to convert consumer surplus to deadweight loss.
• B) wants to help some buyers with lower fares.
• C) has different costs for the same flight.
• D) wants to convert consumer surplus to economic profit.
• E) wants to convert producer surplus to consumer surplus.

---

Definitions:

Self-actualizers

Individuals who have realized their potentialities and seek personal growth, fulfilling their highest capacities.

Maslow

A rephrased definition for Maslow's Theory: Abraham Maslow's hierarchical framework that outlines a sequence of human needs from basic physiological needs to complex psychological growth needs culminating in self-actualization.

Intolerance

An unwillingness to accept views, beliefs, or behaviors that differ from one's own.

Self-actualization

The actualization or achievement of one's capabilities and possibilities, seen as an inherent motivation or necessity in all individuals.