Price Discrimination

Firms with market power are often able to practice price discrimination. This occurs when the seller can charge different prices for the same good. What are some examples of price discrimination that you have experienced in the market? What are some advantages of price discrimination for the firm? Consumer?

Please use different examples from your classmates. Let's make it an interesting discussion!

Interesting resource:

https://www.khanacademy.org/economics-finance-domain/microeconomics/firm-economic-profit/price-discrimination-tutorial/v/first-degree-price-discrimination