Explain why firms use price discrimination. Is it wrong from a moral or ethical perspective?
Explain why firms use price discrimination. Is it wrong from a moral or ethical perspective?
One method of price discrimination for firms is the use of coupons and rebates. Firms are basically allowing consumers to self-identify their respective price elasticities of demand for a product. Describe the last time you used a coupon or a rebate, and another time where you knew a coupon might be available and yet chose to not bother with it. Make sure to explain how the opportunity cost of your time and effort played a part in the choice you...
One method of price discrimination for firms is the use of coupons and rebates. Firms are basically allowing consumers to self-identify their respective price elasticities of demand for a product. Describe the last time you used a coupon or a rebate, and another time where you knew a coupon might be available and yet chose to not bother with it. Make sure to explain how the opportunity cost of your time and effort played a part in the choice you...
Determine which ethical perspective is primarily reflected in each of the following arguments. Choose from: A = Consequentialism B = Duty Ethics/Deontology C = Virtue Ethics D = Moral Relativism After selecting the ethical perspective, explain in 1-2 sentences why the argument corresponds to that ethical perspective. Dropping the atomic bombs on Hiroshima and Nagasaki was right because those acts ended the war faster, and thus made the world a safer place. We need to do a background check and...
Firms usually faces obstacles to implementing price discrimination. Describe and explain the main obstacles faced by firms. How do these obstacles affect the strategies of price discrimination that firms can use?
Determine which ethical perspective is primarily reflected in each of the following arguments. Choose from: A = Consequentialism B = Duty Ethics/Deontology C = Virtue Ethics D = Moral Relativism After selecting the ethical perspective, explain in 1-2 sentences why the argument corresponds to that ethical perspective. Same-sex marriage is right because the polls show that most Americans favor it, even if that is not the case in other countries. The legalization of same-sex marriage is wrong because the government...
Determine which ethical perspective is primarily reflected in the argument below and, in 1-2 sentences, explain why it corresponds to the ethical perspective you selected.. Ethical Perspectives: A = Consequentialism B = Duty Ethics/Deontology C = Virtue Ethics D = Moral Relativism 1. Free health care should be available to all people. After all, if that were the case, it would benefit everyone.
Explain what is meant by unlawful price discrimination and predatory pricing, and discuss the ethical implications of each with your classmates.
Price discrimination occurs whenever firms charge different prices to different customers where these price differences are not a reflection of costs differences. Why do some companies (firms) price discriminate? What are the conditions for price discrimination to occur? What are some real world examples of price discrimination?
DESCRIPTIVE EXAMPLES: Price discrimination occurs whenever firms charge different prices to different customers where these price differences are not a reflection of costs differences. Why do some companies (firms) price discriminate? à What are the conditions for price discrimination to occur? à and what are some real-world examples of price discrimination?
Explain the legal and ethical considerations relating to discrimination.