Question 6. (20 points) The Swedish railroads SJ has ticket pricing that varies for the same trip. There might be other
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Question 6. (20 points) The Swedish railroads SJ has ticket pricing that varies for the same trip. There might be other
Question 6. (20 points) The Swedish railroads SJ has ticket pricing that varies for the same trip. There might be other reasons for the phenomena below, but explain the the pricing below in terms of price discrimination, with a focus on the concepts of price discrimination presented in the course. a) Prices are lower if you buy months in advance. b) Students and elderly hav lower prices. c) Prices in first class are higher than in second class. d) Buying tickets for parts of the journey separately can be cheaper than purchasing a single ticket for the whole journey. (Travelling from A to B passing through C, the price of A to B can be higher than the sum of A to C and C to B.)