For each of the cases below, explain whether they represent a type of price discrimina- tion or not and, if they do, which type.
(a) As you enter a store you see a sign saying "buy 2 get 1 free".
(b) A motel charges a higher price for a room to customers with dogs or cats than to customers with no pets.
(c) A cell phone provider offers corporate plans to businesses and individual plans to non-business customers.
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Price discrimination is a situation of charging different price for an identical product from different persons. Monopoly... View the full answer
(a) As you enter a store you see a sign saying "buy 2 get 1 free" is a part of second degree price discrimination . Buy 2 get... View the full answer