Why museum price discriminates on admission but not souvenir, Microeconomics

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Why museum price discriminates on admission but not souvenir

Problem

Suppose a museum charges different entrance fees for children, students, adults, and seniors, but these groups all pay the same amount for souvenirs at the gift shop. Explain why the museum price discriminates on admission but not souvenirs.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why museum price discriminates on admission but not souvenir

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