what is an example of indirect price discrimination?
Indirect Price Discrimination is a type of price discrimination where the customers are offered to choose the price according to the terms mentioned. One example of indirect Price Discrimination is that of the Coupons where the customer can choose whether or which coupon can he use.
When would direct price discrimination be more advantageous than indirect price discrimination? What is necessary for direct price discrimination as compared to indirect price discrimination? Illustrate your answer with original examples not found in the course materials, or already given by a fellow student. Please respond in 200-250 words
1.Explain price discrimination and provide an example of price discrimination you have observed or read about.
1) In which cases would an organization benefit from using direct and indirect price discrimination? 2) Does market structure influence the capacity of the firm to use price discrimination?
What is the difference between microeconomics and macroeconomics? Provide an example of each. Price discrimination. How can this be a good thing for you personally? Illustrate (draw) and explain the Laffer Curve. Where are we currently as a nation (in your opinion) on the Laffer Curve?
Which of the following is not an example of price discrimination by a firm? a. a senior citizens' discount b. a natural gas company charging customers a higher rate in the winter than in the summer c. children's meals at a restaurant d. coupons in the Sunday newspaper
Which of the following would be described as indirect price discrimination? [Choose All That Apply] A car salesperson negotiating individual prices for individual customers. Offering senior citizen discounts at restaurants. Offering buy two, get one free discounts. A museum charging different prices for local customers and tourists.
What example of effective or ineffective price discrimination do you see online or in a community? Explain why the monopolist chooses to follow this business strategy.
Which is the best example of price discrimination? Group of answer choices Different price for a car wash on Tuesday versus Wednesday Average price of a 2000 square foot home in California being higher than in South Dakota. Higher price for a Ford truck than for a Ford car.
Question 2 - Which of the following is not an example of "price discrimination in practice" provided in the textbook? Frequent-flyer programs Selling paperback editions of hardback books. After-Christmas sales. Selling an inferior version of a product at a lower price.
1. Monopoly and price discrimination: (a) What is the profit maximization condition for a (single-price) monopolist in the short-run? How about in the long-run? Is it efficient to have monopoly in the society? Why or why not? When does the government allow monopoly? (b) If a monopolist is allowed to price-discriminate, what are the three broad categories of discrimination? Explain each one of them with example.