Week 5-Discussion

The idea that transactions in a  market place work like an invisible hand is to some extent the idea  that when a person chooses to buy an item at a given price they are  happy with the deal. There is no coercion. If the person really does not  like the deal they simply walk away.

Given that  background. Your business partner is strongly opposed to your proposal  to charge your largest customers lower prices for your web-based  services than you will charge your smaller customers? She is arguing it  is unethical. Explain why both customers will be satisfied with the  deal. What kind of price discrimination is this type of segmentation and  how will the plan increase revenue?

                             Real world examples of different types of price  discrimination - by age, time, quantity, income. Price discrimination  occurs when firms sell the same good to different groups of consumers at  different prices.                          https://www.economicshelp.org/blog/7042/economics/examples-of-price-discrimination