Respuesta :
According to the given statement The tennis pro is practicing third-degree price discrimination.
The correct option is E.
What is price discrimination?
Pricing clients differently for the same commodity or service according to what the vendor thinks they can convince the customer to accept is a sales strategy known as price discrimination. When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to.
What three types of price discrimination are there?
Price discrimination can come in three flavors: first-degree, second-degree, and third-degree. Personalized pricing, product versioning or menu pricing, and group pricing are among alternate names for these degrees.
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The complete question is -
A tennis pro charges $15 per hour for tennis lessons for children and $30 per hour for tennis lessons for adults. The tennis pro is practicing
A-fifth-degree price discrimination.
B-second-degree price discrimination.
C-first-degree price discrimination.
D-fourth-degree price discrimination.
E-third-degree price discrimination.
