Writing Assignment 2

User Generated

Nagebavgn76

Economics

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?

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ECO 110HA: Economics for Life Writing Assignment Guidelines and Rubric There are a total of three (3) Writing Assignments in this course. Directions for each Writing Assignment are located within the module in which the assignment is due. Writing assignments are to be completed in APA format, double spaced, and 1-2 pages in length. In your response, be certain to answer all questions clearly and concisely. The Writing Assignments are due in Modules 3, 6, and 8. (All Writing Assignments are linked to Turnitin.) Criteria Elements Not Attempted (Criterion is missing or not in evidence) Length Requirements There was little or no evidence of an essay. The paper is entirely too short. Little to no evidence of proper writing mechanics. The grammar of the paper greatly impedes understanding of content; and/or the paper contains no citations. The paper needs a good deal of improvement with respect to grammar, citations, spelling, and/or style. The paper exhibits very little understanding of the text and/or course materials, and the application was vague. The paper exhibits basic understanding of the text and/or course materials, but needs improvement in this area. The application was superficial and did not go in depth. Mechanics of Writing Understanding & Application The paper exhibits a complete lack of understanding of the text and/or course materials, and the application was incorrect. Novice (does not meet expectations; performance is substandard) Basic (works towards meeting expectations; performance needs improvement) Proficient (meets expectations; performance is satisfactory) Exemplary (exceeds expectations; performance is outstanding) The paper contains a great deal of “fluff” and still doesn’t meet the length requirements. The paper is just a little on the short side and/or it meets the requirements only because it contains “fluff” that could use trimming. The paper is mostly free of errors with respect to grammar, citations, spelling, and/or style, but needs some improvement in this area. The paper falls within the required length requirements without going over and without straying from the main topic(s). The paper is nearly perfect with respect to grammar, citations, spelling, and style. The paper exhibits sufficient understanding of the text and/or course materials, but some improvement needed. The application was detailed and shows a developing level of understanding. The paper does an excellent job demonstrating an accurate understanding of the text and/or course materials. The application showed a higher level of analysis. Score __/20 __/30 __/50 ___/100
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Running head: PRICE DISCRIMINATION

1

Price discrimination using coupons and rebates
Name
Institution
Date submitted

PRICE DISCRIMINATION

2

The use of coupons or rebates is the third degree price discrimination where producer
charges different prices to different consumer groups (price-sensitive and price-insensitive
consumers, with a higher price charged to th...


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