Amtrak sells discounted train tickets to students. This is an example of which kind of price discrimination?

Question

BlackTom AI · Accepted Answer

The question asks which kind of price discrimination is illustrated by Amtrak offering discounted tickets to students.
Option 1: Market segmentation. This choice aligns with the concept of price discrimination where a seller charges different prices to different groups based on characteristics like age, student status, or location. Offering student discounts targets a specific subgroup, making it a classic example of market segmentation.
Option 2: Hurdling method. This term is not a standard or widely used description of price discrimination strategies in economics. It does not appropriately describe offering student discounts, so this option is inaccurate.
Option 3: Bundling. Bundling involves selling multiple products or services together as a package at a single price. The student discount in isolation does not represent a bundle, so this option does not fit.
Option 4: Dynamic pricing. Dynamic pricing adjusts prices over time in response to demand, inventory, or other factors. While discounts can be used in dynamic pricing, the specific example of a student discount targets a fixed subgroup rather than varying price by time or demand, so this option is not the best characterization of the described strategy.

Amtrak sells discounted train tickets to students. This is an example of which kind of price discrimination?单项选择题

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