Monopoly - Advantages and Disadvantages of Price Discrimination I A Level and IB Economics

In this video we will consider four advantages and four disadvantages when businesses engage in price discrimination. And we revise some evaluation approaches that might be useful when discussing the impact of price discrimination on consumers. Price discrimination takes us away from the standard assumption in that there is a single profit-maximising price for the same good or services. Many different prices for customers might be charged at a point in time.
#aqa #ibeconomics #edexcel

[@heenaali4850]

thank you really helpful! pretty much covered everything I need to know with good example :)

[@tutor2u-official]

Glad it was helpful!

[@shazlianajamil111]

Very useful! Thank you for the knowledge 😊

[@tutor2u-official]

Glad it was helpful!

[@tutor2u-official]

Loads of extra revision resources on price discrimination can be found here www.tutor2u.net/economics/collections/price-discrimination

[@sharadmishra1695]

Thanku very much

[@tutor2u-official]

Most welcome