Price discrimination is exactly what it sounds like. Charging different customers different prices. Some forms of price discrimination are illegal others aren't. As we shall see, price discrimination is fairly common.
Some common examples of price discrimination include, but
aren't limited to: Student and Senior Citizen discounts, lower
airline fairs for travelers booking early and meeting certain
restrictions, coupons, matinee prices at movies, different utility
rates for business and residential customers.
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