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Complete the following table by indicating whether or not each scenario is an example of price discrimination. Hint: To determine whether a scenario is an
Complete the following table by indicating whether or not each scenario is an example of price discrimination. Hint: To determine whether a scenario is an example of price discrimination, think about whether the market can be segmented into two groups that pay different prices for the same good. Scenario Price Discrimination Yes No Every year, Lesspay ShoeSource promotes its giant BOGO salebuy one pair of shoes and get one half offthrough commercials and other means of advertising. Note that the price of one pair of shoes is the regular retail price, so a customer must buy two pairs of shoes to receive the discount. Most restaurants will supply a free dessert if it is the customer's birthday. Assume that this is not specifically advertised by restaurants
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