After thoroughly examining your assignment, now it's time to look for some initial background research on Price Discrimination. Try a search in the following database to learn more about your topic.
What is 3rd degree price discrimination?
What criteria must be met for a firm to engage in 3rd degree price discrimination?
What industries use price discrimination?
Why do some industries choose to use price discrimination?
Why would a firm use 3rd degree price discrimination?
How does elasticity of demand, willingness to pay, and consumer surplus play into price discrimination?
Is price discrimination a fair and ethical business practice?
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