Which of the following are cases of price discrimination and which are not? In the cases of price discrimination, identify the consumers with high price elasticity of demand and those with low price elasticity of demand. a. Damaged merchandise is marked down. b. Restaurants have senior citizen discounts. c. Food manufacturers place discount coupons for their merchandise in newspapers. d. Airline tickets cost more during the summer peak flying season.
Bus 207 ADR/Ethics 04/11/2016 ▯ Advantages Speed Less Costly Avoiding or ending litigation ▯ Self Help Negotiations-Parties attempt to resolve dispute directly with or without lawyers. No third party is involved o Just people talking to work out a dispute Monetary or not everybody gets what they want Lawyers negotiating with eachother makes clients unhappy ▯ Arbitration Settling of a dispute by a neutral third party(arbitrator)who renders a legally-binding decision; usually a legal expert in the subject matter of t