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When would it pay a seller to use group price discrimination AND nonlinear price discrimination at...

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Economics

When would it pay a seller to use group price discrimination ANDnonlinear price discrimination at the same time? Give me 3real-life examples. Include in your answer the definitions of groupprice and nonlinear discriminations. Include as much information aspossible to answer the question.

Answer & Explanation Solved by verified expert
4.3 Ratings (632 Votes)
Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to In pure price discrimination the seller charges each customer the maximum price he or she will pay In more common forms of price discrimination the seller places customers in groups based on    See Answer
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