User Account

All Pages

Present a real life example of price discrimination

Assignment Help Microeconomics
Reference no: EM131154940

Question: Reading for CLA 1: Please prepare a 4-6 APA formatted paper:

Price discrimination in pharmaceutical companies

Why price discrimination is justified by MOMA, use this link below:

https://www.forbes.com/sites/jonbruner/2011/07/28/moma-raises-its-admission-charge-price-discrimination-and-why-its-justified/#15a1400978b0 (Museum of Modern Arts)

In this case study you investigate the phenomenon of ''price discrimination''.

You should reference the two articles provided on this subject above, the material in your textbook related to this topic and one more article of your choosing. Address the following in your paper:

1. Present a real life example of price discrimination.

2. Explain what price discrimination does to producer and consumer surplus?

Provide an analysis into these concepts that demonstrates your mastery.

Verified Expert

The work is in 1500 words in MS word in APA reference. The focus has been on price discrimination and price discrimination does to producer and consumer surplus. The setup has been through the proper explanation from the introduction to the analysis of the price discrimination factor which will help in setting the plan at an appropriate level.

Reference no: EM131154940

Questions Cloud

Fact that the distance travelled by light : Given a fact that the distance travelled by light in a year approximately is given by 5,087,000, miles. In ten years time, the distance travelled is?
What are the benefits and challenges to using social media : Present a discussion of the social media options you could use to communicate about any aspect of this scenario (e.g., prevention strategies, risk factors, treatment options). Some things you may consider as you discuss this topic What are the b..
Motion of a body falling in a viscous medium : The motion of a body falling in a viscous medium may be described by the equation : mdv/dt=-bv-mg where m,g,b are positive constant . Determine the speed v(t) and displacement x(t) for t>0 , if the conditions are as follows: v(0)=0, x(0)=0
Determine the largest permissible vertical shearing force : Knowing that the average allowable shearing stress in the bolts is 90 MPa, determine the largest permissible vertical shearing force.
Present a real life example of price discrimination : Present a real life example of price discrimination - explain what price discrimination does to producer and consumer surplus?
What role did communism play in the cold war : What role did communism play in the Cold War? What role did nationalism play in the Cold War? What was life like for people in Eastern Europe during the Cold War?
Find the average value of a full wave rectifier sine wave : Find the average value of a full wave rectifier sine wave shown in Fig
Describe the ethics and lobbying laws : Explain any ethical dilemmas that could arise during your advocacy campaign, and how you would resolve them. Describe the ethics and lobbying laws that are applicable to your advocacy campaign. Evaluate the special ethical challenges that are unique ..
Prepare the reader to engage your mlr : Create a short (3-4 sentence) paragraph introducing the elements of the MLR. The goal is to prepare the reader to engage your MLR and remain sane. Try to write this part after completing the rest of the MLR.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd