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price discrimination
Essay specific features
Written by:
Raymond D
Date added:
December 7, 2016
Level:
University
Grade:
B
No of pages / words:
5 / 1252
Was viewed:
7275 times
Rating of current essay:
Essay content:
Some prefer the pay-as-you-go; others have monthly contracts for a flat fee. There are a variety of ways we can use mobile phones, and this comes, of course, at different prices. This essay focuses on how mobile phone operators discriminate among consumers and charge by charging them different prices...
displayed 300 characters
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The essay is divided into two parts: the first part is focused on the three types of price discrimination, while the second analyses why price discrimination is possible.
Types of Price Discrimination
Price discrimination is the ability of a firm to charge different prices to different consumers. By charging consumers the price they are willing to pay, a firm can increase its profits at the expense of consumers’ surplus (see Figure 1...
displayed 300 characters
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