Question.3892 - Describe situations where you have experienced price discrimination (e.g., children pay less for a movie ticket than an adult; publishers charge different prices for paperback and hardbound editions; etc.). Then have a discussion with a classmate debating the necessity and validity of such pricing practices.
Answer Below:
Personal xxxxxxxxxx with xxxxx DiscriminationI xxxx encountered xxxxx discrimination xx many xxxxxx For xxxxxxx I xxxx observed xxxx children xxxxxxxx and xxxxxxxx frequently xxx less xxx movie xxxxxxx than xxxxxx Similar xxxxx structures xxxx also xxxx introduced xx me xxxxxxx travel xxxxxxxxx or xxxxxxxx often xxx less xx enter xxxxxxx and xxxxx attractions xxxx visitors xxxxxxxxxxxx I xxxxxxx while xxxxxx books xxxx publishers xxxxxxxxx charge xxxxxxx prices xxx paperback xxx hardcover xxxxxx giving xxxxxxxxx more xxxxxxx if xxxx desire x less xxxxxxxxx option xxx of xxxxx strategies xxxxxxxxxxx how xxxxxxxxx modify xxxxxx in xxxxxxxx to xxxxxxxx demographics xx willingness xx pay xxxx Debating xxx Validity xxx Necessity xx Price xxxxxxxxxxxxxxxxxx who xxxxxxx price xxxxxxxxxxxxxx contend xxxx by xxxxxxxxx access xxx satisfying xxxxxxx consumer xxxxxxx these xxxxxxx are xxxxxxxxxxxx to xxxx producers xxx consumers xxxxx discrimination xxx maximize xxxxxxxx by xxxxxxxx producers xx seize xxxxxxxx market xxxxxxx while xxxx making xxxxxxxx more xxxxxxxxxx for xxxxxx of xxxxxxxxx income xxxxxx For xxxxxxxx cultural xxxxxxxxxxxx guarantee xxxx lower-income xxxxxx can xxxxx participate xx offering xxxxx and xxxxxxx discounts xxxxx promotes xxxxxxxx inclusion xxxx Opponents xxxxxxx that xxxxx discrimination xxx occasionally xx seen xx unjust xxxxxxxxxx when xx leads xx exclusionary xxxxxxx or xxxxxxx customers xxxxx on xxxxxxxxx criteria xxxxxx for xxxxxxxx points xxx that xxxx companies xxxxxxx personal xxxx to xxxxxxxxxxx modify xxxxxxx depending xx perceived xxxxxxxxxxx to xxx some xxxxx of xxxxx discrimination xxxxxxxxxxxx in xxxxxxx markets xxxxx feel xxxxxxxxxxxx If xxxx kind xx third-degree xxxxx discrimination xx seen xx predatory xx may xxxxxx consumer xxxxx Varian xxxx ReferencesMurphy x Digital xxxxxxxx Behavior xxx Price xxxxxxxxxxxxxx Ethics xx the xxx of xx Journal xx Business xxxxxx nbsp xxxxxx H x Economics xx Information xxxxxxxxxx and xxx Internet xx Handbook xx Information xxxxxxxxx Elsevier xxxxMore Articles From Strategic Management
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