Price discrimination is a popular topic for examination questions. The theory surrounding price discrimination can appear technical and abstract at first glance, with some quite scary-looking diagrams. However, once you’ve got a good grasp of the concepts and diagrams relating to monopoly you will see that price discrimination is just an application of this area of the theory of the firm, with plenty of realworld examples available to bring it to life.
An example two-part essay question on this topic might be:
Your organisation does not have access to this article.
Sign up today to give your students the edge they need to achieve their best grades with subject expertise
Subscribe
