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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 made.
Do you think price discrimination through coupons is fair? Should there be laws against this behavior? Why or why not?
This is to be written in APA format double spaced Times roman font Number 12. References should include those that you think are righteous along with Madariaga, B. (2010). Economics for life: 101 lessons you can use every day. Mason, Ohio:
South-Western Cengage Learning.
Walters et al. (2012). Econversations: Today's Students Discuss Today's Issues. Pearson
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many critics however contend that the american recovery and reinvestment act of 2009 were not effective at all except
Choose a product you have purchased in the past month from a clothing or shoe store.
If you hold shares in a corporation and management decides to plow back the company's earnings some year instead of paying dividends, what are the advantages and disadvantages to you
When thousands of products and their prices are at stake, does it make sense that comparative advertising at the store level be permitted? Based on what you read and any further research you choose to do, has Wal-Mart competed fairly with its compara..
A light duty pickup truck has a manufacturer's suggested retail price (MSRP) of $14,000 on its window. After haggling with the salesperson for several days, the prospective buyer is offered the following deal:
question 1 the economic implications of externalities 5 marks to parts a and ba briefly explain what an externality is
im taking a microeconomics class and i have to illustrate a 15 tax on a 30 item with a quanity of 30. i need to
Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation.
Social Security & Medicare programs are sometimes known as: A major difference between social insurance and income assistance programs is that: The primary reason that poverty declined is: Which is not a group that supports the special interests of t..
A monopolist has two types of customers. There are 100 Type A, who will each pay up to $10 for a single unit of the good, and 50 of Type B, who will each pay up to $8. Neither is willing to purchase additional units at any price. If it must charge..
Assume the consumption function is C=200+0.75(Y-T), I=100; G=100; T=100. What is the equilibrium level of Y?
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