Economics Price Discrimination Questions
Some examples of price discrimination in real-world markets include:
1. Movie theaters offering discounted ticket prices for children, students, and seniors.
2. Airlines charging different fares for economy, business, and first-class seats.
3. Software companies offering different pricing tiers for personal, business, and enterprise users.
4. Pharmaceutical companies charging different prices for branded and generic drugs.
5. Retailers offering sales and discounts during specific periods, such as Black Friday or seasonal clearance sales.
6. Cell phone service providers offering different pricing plans based on data usage and additional features.
7. Hotels charging higher rates during peak seasons or events.
8. Subscription-based services offering discounted rates for students or bundled packages for multiple users.
9. Car rental companies charging higher rates for luxury or premium vehicle models.
10. Insurance companies offering different premiums based on factors such as age, gender, and driving history.