Question

In the US, this practice is prohibited by the Robinson-Patman Act when it causes “primary line” competitive injury across state borders. Marcel Boiteux (“bwah-TUH”) built upon Frank Ramsey’s finding that this practice may maximize social welfare. The two-part tariff is an example of this practice in which a product has both lump-sum and per-unit components. The third-degree (-5[1])version of this practice relies on an exogenous signal to segment a market. When this practice is performed perfectly, deadweight loss and consumer surplus are eliminated. This practice usually disadvantages consumers (-5[2])with lower elasticities of demand. For 10 points, name this practice exemplified by senior discounts, in which a firm charges (10[1])different amounts to different customers. ■END■ (10[3]0[3])

ANSWER: price discrimination [prompt on differential pricing; prompt on predatory pricing]
<Social Science>
= Average correct buzz position

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Buzzes

PlayerTeamOpponentBuzz PositionValue
Alina MooreTennesse BAuburn A55-5
Charlie WeaverClemson AGeorgia Tech C86-5
Jeffry XuGeorgia Tech BAuburn C86-5
Euan HamGeorgia Tech ATusculum A10610
Arhith DharanendraGeorgia Tech FAlabama A11210
Luke ZhangEmory AAuburn B1120
Will McCurleyAuburn ATennesse B11210
Joshua DavenportGeorgia Tech CClemson A11210
Coy MierAuburn CGeorgia Tech B1120
TJ PickeringAuburn BEmory A1120

Summary

2024 ACF Winter at Clemson2024-11-16Y667%0%50%110.50
2024 ACF Winter at Lehigh2024-11-16Y7100%0%29%83.43
2024 ACF Winter at Northwestern2024-11-16Y967%0%44%82.83
2024 ACF Winter at Ohio State2024-11-16Y743%0%71%90.33
2024 ACF Winter at UBC2024-11-16Y333%0%67%105.00