August 7th, 2011

Suppose the local pharmacy charges lower prices to senior citizens than it charges to non-senior citizens. The?

mcg0958 asked:


Suppose the local pharmacy charges lower prices to senior citizens than it charges to non-senior citizens. The pharmacy is practicing
a.perfect price discrimination.
b.second-degree price discrimination.
c.arbitrage.
d.third-degree price discrimination.
e.non-cost discrimination.

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This entry was posted on Sunday, August 7th, 2011 at 3:35 am and is filed under Senior Citizens. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Suppose the local pharmacy charges lower prices to senior citizens than it charges to non-senior citizens. The?”

  1. Katherine Says:
    August 7th, 2011 at 4:42 pm

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    Many senior citizens are living on fixed incomes. The older we get, the more our health declines, and therefore seniors usually take more meds than the average non-senior adults. There are, even with senior discounts at pharmacies, seniors that have to choose between groceries and prescription meds. The practice of giving discounts to seniors for their meds should not be judged as anything but generosity and kindness on the pharmacy’s part.