Discuss what price discrimination is

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Reference no: EM134039827

Question

Discuss what "price discrimination" is.

Provide economic reasoning for why movie theaters, airlines, and many other businesses charge customers different prices based on age, gender, purchase date, or other factors.

Provide an example of price discrimination for a good or service (other than the ones specified above) that you have faced first-hand or heard of.

Is price discrimination justifiable or not? Please explain.

Reference no: EM134039827

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