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Topic: Price Discrimination Policy as a Business Strategy
Discuss the pricing policy of price discrimination. Provide the economic reasoning for movie theaters, airlines, and many other businesses to charge customers different prices based on time of the day, age, and purchase dates. Why?
Provide an example of a price discrimination for a good or service that you thought it to unfair. Do you still believe that the discrimination is unjustifiable?
Price Discrimination Name: Institutional Affiliation: Price Discrimination According to Stole (2014), price discrimination policy is a business strategy that is used in offering different prices to the same services and goods to diverse customer groups for economic reasons which are not related to cost. The three broad categories of price discriminati