Why are first and second-degree price discrimination

Reference no: EM13714455

(a) Why are first and second-degree price discrimination less common than third-degree price discrimination? (b) Are lower airline fares at midweek an example of third-degree price discrimination? (c) Under what conditions would it not be useful to charge different prices in different markets (i.e. practice third-degree price discrimination) even if possible?

Reference no: EM13714455

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