Which of the following scenarios best illustrates effective price discrimination in a market with varying demand elasticity?

Price discrimination happens when a seller charges different prices to different customers for the same product, based on how much they are willing to pay. For example, a movie theater might charge lower prices for children and seniors, while adults pay a higher price because they have a higher demand for that experience and can afford to pay more. This strategy works well because families might be more price-sensitive, meaning they are less likely to buy tickets if the price is too high, while adults might prioritize seeing the movie regardless of price. By adjusting prices based on the customers' willingness to pay, the theater maximizes its profits and serves different groups effectively. This way, the theater can fill more seats and increase overall revenue while making it more affordable for those with less money to spend.