Price discrimination is exploiting demand characteristics allowing the same product to be sold in different markets depending upon the price of the products.
Example :
My father is a businessman, who deals with hotel cards and coupons all over the India. He sell coupons in other price in Delhi and he sells coupons in other price in South India.
It depends upon the demand of the coupons that consumer respond in Delhi as compared to South India.
No comments:
Post a Comment