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This week we read about how producers segment their markets based on price elasticity of demand (price discrimination). Here is another video with Congresswoman Ocasio-Cortez
This week we read about how producers segment their markets based on price elasticity of demand (price discrimination). Here is another video with Congresswoman Ocasio-Cortez talking about the difference in the prices of drugs in various markets: https://www.youtube.com/watch?v=GRsZbGs24jY a) Why does TRUVADA cost $1,780 in the United States whereas it's just $8 in Australia? b) Can you provide other examples of price discrimination?
i know the answers are online however, i need an original answer please. it doesn't have to be long
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