The company charges the maximum possible price for each unit consumed in first-degree discrimination. Second-degree discrimination involves discounts for products or services that are bought in bulk.

We look at the three most common types of price discrimination in this article: first-, second-, and third-degree discrimination. Price discrimination is a sales strategy of selling the same ...

What do variable online airline ticket prices and children's menu prices have in common? They both provide examples of price discrimination. The first allows an online provider to adjust pricing ...

Depending on how the different pricing is structured, this can be either first, second, or third degree price discrimination. First degree price discrimination involves charging every individual ...

The Federal Trade Commission (FTC) withdrew the agency’s lawsuit against Pepsi Cola for allegedly violating the ...

Second-degree price discrimination is very familiar. Consumers pay different prices according to the quantity of items they buy. For example, you may find that Sainsbury’s charges £2.10 for ...

There are three basic types of price discrimination, which economists (not so creatively) refer to as first-, second-, and third-degree price discrimination. First-degree or “perfect” price ...