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To: blam

Does the author even consider that perhaps senior discounts are not at attempt at charity but, rather, an attempt to secure the business of a demographic that otherwise would stay home?


29 posted on 05/29/2013 8:23:51 AM PDT by circlecity
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To: circlecity
Does the author even consider that perhaps senior discounts are not at attempt at charity but, rather, an attempt to secure the business of a demographic that otherwise would stay home?

You have perfectly described the heart of the matter. In the realm of managerial economics, the term is "price discrimination", where a firm maximizes its revenues by charging a lower price to the demographic which otherwise would not purchase. It's obvious the writer of the piece has a meager education in economics.

66 posted on 05/29/2013 8:50:23 AM PDT by Colonel Kangaroo
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