Amtrak Charges Lower Fares to Students Than to Its Other

question 54

Multiple Choice

Amtrak charges lower fares to students than to its other passengers. This pricing strategy increases Amtrak's profits. From this information, we can conclude that students must have a _____ demand for Amtrak train service than other passengers.

• A) more price-elastic
• B) lower
• C) greater
• D) less price-elastic

---

Definitions:

Semiotics of Materiality

The study of how material objects contribute to meaning-making processes in cultural and social contexts.

Actor-Network Theory

Actor-Network Theory is an approach that treats entities (people, organizations, and objects) as equally important in creating social networks, emphasizing the interconnectivity and influence of all actors in a system.

Decentering

An approach in various fields, notably postmodernism and multiculturalism, aimed at shifting focus from a central perspective to diverse viewpoints.

Queer Theory

An interdisciplinary field that challenges normative frameworks around sexuality and gender, focusing on the variability of human experience and the resistance to stable identities.