Provide an examples of how each industry practices

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Pricing Behavior

Research the tiered pricing behavior of pharmaceutical and airline firms and address the following:

1. Give examples of how each industry practices price discrimination.

2. What are the short and long term strategic reasons these industries employ tiered pricing?

3. What impact does price discrimination have on the profitability of these industries?

4. Specifically, explain and give an example the airline industry "yield management" systems.

 

Reference no: EM1327116

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