Question
Model PA-- Take a company, brand, or product of USA frim to distinguish between the pricing strategies below. 1. Uniform Pricing Strategy 1.a. Identify the
Model PA--
Take a company, brand, or product of USA frim to distinguish between the pricing strategies below.
1. Uniform Pricing Strategy
1.a. Identify the name of the company, brand, or product.
1.b. Brief if the product is demand elastic or inelastic, and why.
1.c. What data supports that this company, brand, or product has used this pricing strategy?
1.d. Do you believe this example of pricing is a best practice? That it is ethical? Tell why or why not.
1.e. Do you believe that the pricing strategy used by this firm increases or decreases the profits of the firm? Tell why or why not.
2. First Degree Price Discrimination
2.a.Identify the name of the company, brand, or product.
2.b. Tell if the product is demand elastic or inelastic and why.
2.c.What data supports that this company, brand, or product has used this pricing strategy?
2.d.Do you believe this example of pricing is a best practice? That it is ethical? Explain why or why not.
2.e.Do you believe that the pricing strategy used by this firm increases or decreases the profits of the firm? Explain why or why not.
3. Second Degree Price Discrimination
3.a.Identify the name of the company, brand, or product.
3.b.Explain if the product is demand elastic or inelastic and why.
3.c.What data supports that this company, brand, or product has used this pricing strategy?
3.d.Do you believe this example of pricing is a best practice? That it is ethical? Explain why or why not.
3.e.Do you believe that the pricing strategy used by this firm increases or decreases the profits of the firm? Explain why or why not.
4. Third-Degree Price Discrimination
4.a.Identify the name of the company, brand, or product.
4.b.Explain if the product is demand elastic or inelastic and why.
4.c.What data supports that this company, brand, or product has used this pricing strategy?
4.d.Do you believe this example of pricing is a best practice? That it is ethical? Explain why or why not.
4.e.Do you believe that the pricing strategy used by this firm increases or decreases the profits of the firm? Explain why or why not.
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