Price discrimination refers to a business practice which involves selling of similar or near similar products to consumers at different prices during a certain period (Stole and Lars 2221). There are two main motives why businesses engage in the practice. Firstly, the business may be aiming at becoming a monopoly in the said market segment. In this case, the business could sell certain highly priced goods at a low price to a certain market segment that the business wishes to control. The second and the main reason why businesses engage in price discrimination is to take advantage of consumer ...
Essays on Likeliness
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Bergamo is one of the most historic cities in the Lombard region of Italy. The city has been undercapitalizing on the tourist industry, bringing in marginal revenues in part because of the relative location to Milan, a city larger and better suited to massive scale tourism. In fact, Bergamo is usually avoided by tourists, except for those taking guided tours, mainly because Milan has the main airport in the region and because it is believed that the city has little to offer, which simply is not true. Recently, the joint cooperation of Slovenia and Italy to expand upon the ...
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