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For the following examples, mention the type of price discrimination and explain why it is so A customer pays a $10 cover charge to enter
For the following examples, mention the type of price discrimination and explain why it is so
- A customer pays a $10 cover charge to enter a bar and then pays $5 for each beverage.
- Certain hotels offer promotional strategies in which kids under 12 eat free at the hotel's restaurant.
- BOGOs, i.e., buy-one, get-one-free offers.
- As practiced by book publishers, versioning involves first selling the hardcover edition of a book and then switching to a paperback edition to sell additional copies.
- In many areas of the country, electricity customers pay a set per unit price for each of the first X kilowatts and a lower per unit price for any additional kilowatts of electricity consumed in a month.
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