TYPES OF PRICE DISCRIMINATION (cont.)

Third degree Price Discrimination involves separating consumers or markets in terms of their price elasticity of demand and then charging them different prices, e.g. airline pricing, movie-theater pricing, telecommunication pricing, etc.

Third degree Price Discrimination involves separating consumers or markets in terms of their price elasticity of demand and then charging them different prices, e.g. airline pricing, movie-theater pricing, telecommunication pricing, etc.