Price discrimination, Business Economics

Assignment Help:

(Price Discrimination)

A. Indicate the types of price discrimination for the cases below. Based on the above examples, explain the difference among these types of price discrimination.

 

Case A1. Gino Pizza offers a lunch special: 5.59$ for a grilled chicken sandwich, a bottle of soft drink, and a small bag of potato chips. If you buy them individually, their prices are: 4.89$ for chicken sandwich, 1.50$ for soft drink, and 0.99$ for potato chips.

 

Case A2. Guggenheim Museum charges its customers in the following way: adults 18$, seniors (above 65) 15$, and children (under 12) free.

 

Case A3. T-Mobile offers disimilar cell phone service plans targeting at disimilarconsumer groups, such as 39.99$ for 300 min, 49.99$ for 600 min and 59.99$ for 1000 min.

 


Related Discussions:- Price discrimination

Difference between real and nominal gross domestic product, What is the dif...

What is the difference between real and nominal Gross Domestic Product? National Income consists of a price and a quantity element. When the price level doubled along with simi

What is meant by the term the triple constraint, What is meant by the term ...

What is meant by the term the triple constraint? What are the three elements of the triple constraint and why is an understanding of their relative weight significant in exercising

What are the processes of industrialisation for productivity, What are the ...

What are the processes of industrialisation for productivity? The process of industrialisation increases productivity and per capita incomes and includes: a. Urbanisation

Explain short run costs, Explain short run costs breifly.. In analyzing...

Explain short run costs breifly.. In analyzing factor cost in an environment, accountants and economists speak much the same language. This is become, in a competitive market,

Explain why a country might impose barriers to trade, QUESTION (a) Dist...

QUESTION (a) Distinguish between monetary and fiscal policy, giving examples where appropriate. (b) Discuss how fiscal and monetary policies might be used by a government du

Managerial economics, how does economic theory contribute to managerial dec...

how does economic theory contribute to managerial decisions?

What are the limits of national income statistics, What are the limits of n...

What are the limits of national income (NY) statistics in measuring development within a country? National income statistics simply show changes in GDP (Gross Domestic Product)

Scarcity, explain the role scarcity of resources plays in economic decision...

explain the role scarcity of resources plays in economic decision making

Write Your Message!

Captcha
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!

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