Business, 28.01.2021 22:00 madivassallo
Price discrimination requires the ability to sort customers and the ability to prevent arbitrage. Explain how the following can function as price discrimination schemes and discuss both sorting and arbitrage: a. Requiring airline travelers to spend at least one Saturday night away from home to qualify for a low fare. Customers are sorted based on ▼ preferences geography demographic information sensitivity to price . Arbitrage is prevented by requiring an ID requiring an ID the product being non transferable resales not being profitable limiting the number a person can buy .
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Price discrimination requires the ability to sort customers and the ability to prevent arbitrage. Ex...
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