Economics 9708 · AS & A Level · 7.8

7.8 — practice question

A bus company holds a monopoly and focuses on long-distance journeys. At first, it offers tickets to customers one month before the trip. As the departure date gets nearer, the ticket price rises. Which pricing policy is the bus company using?

  • Aminimum pricing
  • Bpredatory pricing
  • Cprice discrimination
  • Dprice leadership

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