MICROECONOMICS
MICROECONOMICS
11th Edition
ISBN: 9781266686764
Author: Colander
Publisher: MCG
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Chapter 14, Problem 7IP
To determine

The possibility of price discrimination among college students.

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What is price discrimination? From the perspective of running a business, is this a good thing or bad thing for profits?
What is the time when the price discrimination is profitable?
Some universities charge students different tuition rates depending on their major, e.g., students in business or engineering typically pay more than in other majors. What would you need to know to determine whether or not this is price discrimination? Explain.
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