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1 page/≈275 words
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Style:
APA
Subject:
Mathematics & Economics
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English (U.S.)
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Topic:

The Second-Degree Price Discrimination

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Explain a time you encountered non-uniform pricing, or price discrimination. Identify the type of price discrimination it was. Using the criteria necessary for price discrimination, evaluate how well that good fit price discrimination. Finally, evaluate the effect such price discrimination has on you and society.
Your journal entry must be at least 200 words in length. No references or citations are necessary.

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Price Discrimination
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Price Discrimination
An instance of price discrimination that I experienced was when I booked an airline seat well three months in advance. Such an early booking of the seat allowed me to enjoy the flat 30% discount on my ticket. The type of price discrimination that I experienced was second-degree price discrimination that varies depending on the preferences of the subsets of consumers. The consumers may enjoy surplus if their preferences accompany specific incentives for the providers. In my case, ...
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