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Examine the following statements and identify the type of price discrimination in each case. a. A popular club in a city waives its entry fees
Examine the following statements and identify the type of price discrimination in each case. a. A popular club in a city waives its entry fees for women who arrive before 11 p.m. b. A combo meal of a burger, a soft drink, and fries at a fast food outlet costs less than how much it would cost to buy each separately. c. A guy selling counterfeit watches on the street states a different price to each person who wants to buy a watch but cannot perfectly estimate each persons willingness to pay. For instance, he uses information about the way the person is dressed and the jewels he/she wears for the estimation
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