One example of price discrimination is when movie is newly released the ticket price for movie theater and price of DVD's are very expensive. After some time, the same movie ticket and DVD price become cheaper. Use this example to discuss the benefits and potential negative consequences of a price discrimination pricing strategy.
One example of price discrimination is when movie is newly released the ticket price for movie theater and price of DVD's are very expensive. After some time, the same movie ticket and DVD price become cheaper. Use this example to discuss the benefits and potential negative consequences of a price discrimination pricing strategy.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:One example of price discrimination is when movie is
newly released the ticket price for movie theater and
price of DVD's are very expensive. After some time, the
same movie ticket and DVD price become cheaper. Use
this example to discuss the benefits and potential
negative consequences of a price discrimination pricing
strategy.
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