Explain the different types of price discrimination

Assignment Help Operation Management

Reference no: EM132681795

Question 1

Explain the different types of price discrimination. Then identify a real-world example of price discrimination (preferably not one from the unit lesson), and explain which type of price discrimination it is. Next, using the good from your own chosen price discrimination as an example, illustrate how the good fits the criteria necessary for successful price discrimination. Finally, discuss how the price discrimination example leads to an increase in total benefit to society. Include in your discussion an evaluation of the effects on people paying the higher price and the effects on people paying the lower price.

Question 2

Identify a situation that involves making decisions using expected value, and detail the different options, expectations, and payouts. Discuss the risks involved with those expectations and, if applicable, the payouts. Include in your discussion an explanation of how to determine how much information to gather to minimize uncertainty. Finally, explain which decision should be made

Attachment:- Questionns.rar

Reference no: EM132681795

Questions Cloud

About to purchase piece of office equipment : Jim is about to purchase a piece of office equipment at the local office supply store. He just received a flyer that another store across town

Explain the data sampling and distribution aspects of plan : Explain your choices and strategy for data analysis. Explain the data sampling and distribution aspects of your plan.

Operational analysis and quality improvement : Discuss how the knowledge you have gained in the course will propel you forward in the field of healthcare that you are pursuing.

Describe how credit crisis may have adversely affected : Describe how the credit crisis may have adversely affected many people beyond homeowners and mortgage companies.

Explain the different types of price discrimination : Explain the different types of price discrimination. Then identify a real-world example of price discrimination

Corporate social responsibility : According to research there is a significant relationship between leadership style and effectiveness of organizational development as people are cornerstone

Part of student professional associations : Have you been a part of student professional associations? Have you made any arrangements to join an external professional association in your field

Personal experience that had strong emotional affect : A personal experience that had a strong emotional affect on you will evoke interest and emotion in your reader

Financial accounting and managerial accounting : Using the text information, but in your own words, describe managerial accounting. Describe the differences between financial accounting and how each is used.

User Account

All Pages