WRIT 101 price discrimination discussion

Anonymous
timer Asked: Feb 5th, 2019
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Question Description

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?

Writing assignment are to be completed in APA format, and at lease 500-words.

Tutor Answer

ProfJamesmiller
School: Carnegie Mellon University

Hey there, I have completed the assignment. see the attached documents below. its nice working with you😇

Running head: PRICE DISCRIMINATION

1

ECONOMICS
Institution Affiliation
Date

PRICE DISCRIMINATION

2
Price discrimination

Price discrimination is a pricing approach whereby a provider sells similar products and
services at varied prices to different people. It is determined by the buyers’ price elasticity of
demand causing the buyer to pay the maximum price for a given item. Methods of price
discrimination are such as coupons, occupational discounts, rebates and discounts based on
gender and age. The three types of price discrimination are first, second and third degree.
(Miller, 2013).
In first degree price discrimination, the provider must know the highest amount the
customer is willing to purchase the ...

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Anonymous
awesome work thanks

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