Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
price discrimination arbitrage perfect price discrimination tying bundling | The practice of taking advantage of price differences for the same good in different markets by buying low in one market and selling high in another market. The situation that exists when each customer is charged his or her maximum willingness to pay. A form of price discrimination in which one good, called the base good, is tied to a second good called the variable good. The selling of the same product at different prices to different customers. The requirement that products be bought together in a bundle or package. |