price crimination, Microeconomics

Assignment Help:
(ii) Find a real-world example of second-degree price discrimination. Describe the
important aspects of your example in detail and analyze it using economic theory. In
particular, how does the producer discriminate between the types of consumers – that
is, how does the producer get the consumers to reveal their private information (their
type)?

Related Discussions:- price crimination

Narrowness definition of commodity, Why narrowness of definition of a commo...

Why narrowness of definition of a commodity may influence price elasticity of demand

Balancing needs and resources, Balancing Needs and Resources planning ...

Balancing Needs and Resources planning is a balancing act. It involves the balancing of needs with resources towards set goals. Likewise, educational planning involves the bal

Find all the equilibrium, The "Battle of Sexes" is a famous game. The story...

The "Battle of Sexes" is a famous game. The story is that a couple tries to decide what to do on a Friday evening. The girl prefers to go to an Opera and the guy prefers to go to t

Competitive equilibrium, Let Consider the following insurance market. There...

Let Consider the following insurance market. There are two states of the world, B and G , and two types of consumers, H and L, who have probabilities p H =0.5 and p L

Aggregate household indebtedness, Aggregate household indebtedness: Th...

Aggregate household indebtedness: This is the purchasing power of the sum of money outstanding that households have borrowed and are currently obligated to repay. If household

Meter replacement cost, The town utilizes standard disc type PD water meter...

The town utilizes standard disc type PD water meters for all residential connections. These meters were warranted by the manufacturer to be accurate within two percent of actual f

Indifferentces curve, using the tools of an indifference curve and isoquent...

using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.

Trade, Ask question #Minim1. what items should be put on the agenda of a ne...

Ask question #Minim1. what items should be put on the agenda of a new round of trade talks (and who wants these on the agenda), 2. why, and 3. the problems likely to be met in the

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