Discussion Question

 Explain the different types of price discrimination. Then identify a  real-world example of price discrimination (preferably not one from the  unit lesson), and explain which type of price discrimination it is.  Next, using the good from your own chosen price discrimination as an  example, illustrate how the good fits the criteria necessary for  successful price discrimination. Finally, discuss how the price  discrimination example leads to an increase in total benefit to society.  Include in your discussion an evaluation of the effects on people  paying the higher price and the effects on people paying the lower  price.