3) Price discrimination a) Give a real-world example of group (third-degree) price discrimination (provide a web...

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3) Price discrimination a) Give a real-world example of group (third-degree) price discrimination (provide a web link to the example). b) Discuss what prevents re-sale in your example (i.e., why can't people who pay the lower price resell the good to people who face a higher price?). c) In your example, is the lower price labelled as a discount or the higher price labelled as a surcharge? Discuss how the different framing might affect revenues. 3) Price discrimination a) Give a real-world example of group (third-degree) price discrimination (provide a web link to the example). b) Discuss what prevents re-sale in your example (i.e., why can't people who pay the lower price resell the good to people who face a higher price?). c) In your example, is the lower price labelled as a discount or the higher price labelled as a surcharge? Discuss how the different framing might affect revenues.

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a One realworld example of group price discrimination is airline pricing Airlines often employ diffe... View the full answer