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Assignment:
1. Describe how price discrimination can explain...
a. why business vs. leisure airplane travelers get charged different fares
b. why online dating sites charge higher fees for men than women
c. why prices for the newest Xbox are higher in the first few months after release, then dropped afterwards
d. why stores often have "after-Christmas" sales
e. why grocery stores and product manufacturers utilize coupons for their customers
f. why golf ball companies print "XXX" on golf balls with some supposed flaw and then sell them at a price below the non-flawed golf balls.
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