Price Discrimination
... • Price discrimination is same good to different customers at different prices • Firms price goods based on characteristics that are correlated with willingness to pay • Price discrimination requires firms to know about their consumer • Price discrimination can increase total surplus – increases tot ...
... • Price discrimination is same good to different customers at different prices • Firms price goods based on characteristics that are correlated with willingness to pay • Price discrimination requires firms to know about their consumer • Price discrimination can increase total surplus – increases tot ...
E-Marketing, 3rd edition Chapter 11: Price © Prentice Hall 2003
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... 2.$19.95 per month ($239.40 1 year prepaid subscription) providing access to AOL and the Internet, without hourly fees, for members who pay in advance for 1 year.* 3.$14.95 per month "bring-your-own-access " plan providing unlimited access to thousands of unique AOL features*, including access to th ...
Energy Derivatives
... A utility in the west who uses natural gas to produce electricity is notified by its supplier that due to a pipeline maintenance outage in July, alternate routing will be needed to deliver the gas at an increased cost. This renders natural gas uneconomic as power generation fuel. The utility’s trade ...
... A utility in the west who uses natural gas to produce electricity is notified by its supplier that due to a pipeline maintenance outage in July, alternate routing will be needed to deliver the gas at an increased cost. This renders natural gas uneconomic as power generation fuel. The utility’s trade ...
Gasoline and diesel usage and pricing
The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar. The price paid by consumers largely reflects national pricing policy. Some regions, such as Europe and Japan, impose high taxes on gasoline (petrol); others, such as Saudi Arabia and Venezuela, subsidize the cost. Western countries have among the highest usage rates per person. The largest consumer is the United States, which used an average of 368 million US gallons (1.46 gigalitres) each day in 2011.