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One example of price discrimination is the tuition for higher education institutions. Tuition amounts are easily available for the majority of these institutions. However, students
One example of price discrimination is the tuition for higher education institutions. Tuition amounts are easily available for the majority of these institutions. However, students do not usually pay the stated priceor even the same pricefor tuition.
- Why do you think higher education institutions, like universities, charge different prices to different people?
- What are the methods by which higher education institutions deliver these pricing adjustments to specific consumers?
- Do you think there are any downsides to this approach? Why or why not?
- Would you recommend a different pricing strategy? If so, which strategy would you select? Why?
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