Discuss the pricing policy of price discrimination

Assignment Help Microeconomics
Reference no: EM131338912

Discuss the pricing policy of price discrimination. Provide the economic reasoning for movie theaters, airlines, and many other businesses to charge customers different prices based on time of the day, age, and purchase dates. Why?

Provide an example of a price discrimination for a good or service that you considered unfair. Do you still believe that the discrimination is unjustifiable?

At leat 250 words, no plagiarism

Reference no: EM131338912

Questions Cloud

Create a cascading style sheet that applies a bg color : Imagine that you have just started your own freelancing business. You have been hired to create a Web page for a company of your choice that announces the item of the week, month, or year. (e.g., Car of the Year, Pet of the Month, Sandwich of the ..
Required to pick a current economic topic : For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen.
Determine the fixed cost and the variable cost per unit : It costs ABC Corporation $3000 to produce 20 color televisions and $5000 to produce 60 of the same color televisions.
How much will street have to deposit : James Street's son, Harold, is 10 years old today.- How much will Street have to deposit in this "planning" account each year to provide for Harold's education?
Discuss the pricing policy of price discrimination : Discuss the pricing policy of price discrimination. Provide the economic reasoning for movie theaters, airlines, and many other businesses to charge customers different prices based on time of the day, age, and purchase dates. Why?
What is the minimum number of miles per gallon : Assume gasoline costs $1.20 per gallon. What is the minimum number of miles per gallon that would fulfill Darnell's criteria?
What is classical dichotomy : Part A) What is ‘Classical Dichotomy'? What is the neutrality of money? Are the two related? If so,how are they related? What are the major economic and political conclusions of ‘Classical Dichotomy'?
How much must you deposit at the end of each quarter : How much must you deposit at the end of each quarter in an account that pays a nominal interest rate of 20 percent, compounded quarterly, if at the end of five years you want $10,000 in the account?
Calculate and comment on the working capital ratio : What expertise does Todd Sampson bring to the Board of Directors? Explain Revenue Seat Factor, EBITDA, Revenue received in advance and Retained Earnings. Calculate and comment on the Working Capital ratio

Reviews

Write a Review

Microeconomics Questions & Answers

  About inflation stabilization

How does the resulting change in the slope of the aggregate demand curve help stabilize inflation when the economy is hit with a temporary negative supply shock?

  Difference in cadmium accumulation in plants grown in plots

Is there sufficient evidence to indicate a difference in cadmium accumulation in plants grown in plots subjected to different levels of sludge application? Bound or determine the approximate p-value.

  The relationship between each set of commodities

Suppose that the cross-elasticity of demand between McIntosh and Golden Delicious apples is 0.8, between apples and apple juice is 0.5, between apples and cheese is 0.4, and between apples and beer is 0.1. What can you say about the relationshi..

  Determine who will get the goods and services

What motivated the producers of all the individual products in the store to make them and offer them for sale How did the producers decide on the best combinations of resources to use Who made those resources available, and why How does the market..

  Sketch the indifference curves

Sketch the indifference curves and show where the "corners" are. If the prices or x and y are P_x = 5 and P_y = 1, respectively

  Is the industry in long-run competitive equilibrium

What are the firm's ATC per unit at each of these three levels of production - If every firm in this industry has the same cost structure, is the industry in long-run competitive equilibrium?

  Game theory is particularly useful in describing outcomes

Game theory is particularly useful in describing outcomes in markets where a.) Firms are price takers b.) There is only one producer c.)There are many small producers d.) Earn the same profits e.) There are a few independent firms

  Develop the argument supporting use of market value for

while us gaap requires assets to be valued at the lower of cost or market there is a belief that assets with value

  Create a spreadsheet similar to the given example

Create a spreadsheet similar to the given example. Only the quantity cell (C5) contains a numerical value. All other cells are linked by formulas to the quantity cell.

  Organized crime continues to change

Organized crime continues to change

  Explain the variables during recession and in the following

please write a 700-1000 word paper in which you address the questions below. also please do your best to format your

  Describe relationship between marginal propensity to

describe relationship between marginal propensity to consume and marginal propty to save. how do the two components ect

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