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Price discrimination question
Some tennis clubs charge an up-front fee to join and per-hour charge for court time. Others do not charge membership fee but charge a higher per-hour fee for court time. Consider clubs in two different locations. One is located in a suburban area where the residnets tned to be of similar age, income, and occupation. The other is in the city with a more diverse population. Which of the locations is more likely to charge a membership fee? Explain.
Consider three firms: a shoe store at the mall, an automoble dealership, and a house painting firm.
a. Which firm would you expect to engage in the most price discrimination? Why?
b. How has the Internet changed the pricing policies of these businesses?
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A canoe as well as recreation club recently filed suit alongside a number of manufacturing plants located along the Missouri River. In the suit the club appealed that the plants failed to adequately treat the waste that is being discarded into the..
Determine the following prior deciding a prescription - (a) maximize effectiveness at the least cost (b) maximize effectiveness at a fixed cost of $10,000
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