Price Discrimination Worksheet - Price Discrimination Simulation [Virtual Learning Arcade]
A brief interactive worksheet looking at the conditions necessary for a firm to beneift from price discrimination as part of the price discrimination simulation in the Virtual Learning Arcade.
Price Discrimination Model | |
The aim of these question is to assess if a monopoly should introduce third degree price discrimination
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Given the following conditions, would you recommend the firm undertakes price discrimination?;
- Price Elasticity of Demand (1) = 2.0
- Price Elasticity of Demand (2) = 2.0
- Fixed Costs (£) = 100
- Variable Costs 1 (£) = 25
- Variable Costs 1 (£) = 25
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(Type your answer to the previous question in the box below, then click on explain)
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Submitted by bized on Thu, 14/03/2002 - 13:00
