Saturday, September 15, 2018

Price Discrimination


PRICE DISCRIMINATION


Price discrimination is a pricing strategy in which sellers charges different customers different prices based on age sex and income while selling a particular product in the interests of improving revenue.

Example:
When I went to Goa  which has a favorite place of all the tourists who visit Goa that is TITTOOS and MAMBOS. The TITTOOS is a big nightclub which charges high entry fees for studs and couples, whereas there are no charges for girls. which is a perfect example of price discrimination based on gender/sex.
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