- Which of the following travelers would most likely be able to find the lowest price for a plane ticket?
a. A student with flexible travel dates.
b. A businessman who needs to book a flight in three days for an important meeting in a city that simultaneously happens to be hosting the Olympics.
c. A teacher whose college friend has decided, last minute, to get married over Christmas weekend in Hawaii.
2.What is the median price of a one-way ticket from Washington DC to San Francisco on United Airlines?
a. $55.
b. $335.
c. $400.
d. $900.
3. An advance purchase discount is a type of price discrimination where early buyers get lower prices. Which of the following *do not* usually offer advance purchase discounts?
a. Restaurants.
b. Airlines.
c. Comic book conventions.
d. Vacation rentals.
