Airline market-price discrimination

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Reference no: EM1311287

If the price of prunes relative to the price of plums fell, what could you infer about the interest rate?
Is human life priceless? What evidence can you offer to support your contention?
Except for promotional purposes, and price wars, airfare rates to Europe are higher in the summer than in the winter. Coach class airfare from Philadelphia to Los Angeles is cheaper than coach class airfare to Des Moines. First class airfare is always higher than coach class. Moreover, airlines charge lower fares to those who book seats well ahead of time than those who wait until the last minute. Are these all examples of price discrimination? What additional information may be required before you can give a complete answer to this question? Explain.

Evaluate: "The fact that some airplanes collide is evidence there is 'too little air traffic control'." (Be sure to explain what too little might mean.)

Reference no: EM1311287

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