ECON600 Week 3 Assignment 5 In what respects are the following common practices subtle (or not so subtle) forms of price discrimination Frequent flier and frequent stay programs
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In what respects are the following common practices subtle (or not-so-subtle) forms of price discrimination Frequent-flier and frequent-stay programs
- Manufacturers discount coupon programs
- A retailers guarantee to match a lower competing price
In what respects are the following common practices subtle (or not-so-subtle) forms of price discrimination? Price discrimination is another way of describing dynamic pricing, which is a principle that takes advantage of the fact that different customers are willing to pay differing amounts for the same product or service (Bergemann, Brooks, & Morris, 2014). These price differences can be based on geographic location, customer income, or a variety of other factors (Bergemann et al, 2014). Nonetheless, they all are underlined by...
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