Paying the higher non-discounted prices

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Businesses can "price discriminate" by charging a higher price to buyers with more inelastic demand, and a lower price to buyers with more elastic demand. Supermarkets and department stores with coupons, for example. Coupon-clippers have more-elastic demand, so they're willing to spend time clipping coupons in order to get the lower price. People who are not eager to use coupons, on the other hand, have less-elastic demand and so they're OK with paying the higher non-discounted prices. In what other ways do you see "price-discrimination" play out in business? Does your company do it? Or, does your organization see it done by some of your suppliers?

Reference no: EM132436340

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