Micro Economics For Today
Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
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Chapter 9, Problem 3SQP
To determine

Explain the reason for higher price for drugs in hospital and lower price in other drug stores.

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Suppose an investigation reveals that the prices charged for drinks at a tourist resort are significantly higher than the prices charged for the same drinks at hotels in the nearby village. What might the explanation for this situation be?
Suppose you were asked to manage a golf course that was currently charging a uniform price.  Would you suggest that the course continue with this price plan or switch to a two-part pricing plan?  Explain your decision and how you would choose the optimal price.
what are pricing tactics and examples? What are some forms of price discriminations?
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