I went to
Aquatica with my friends in Kolkata, where there was a special entry price for
the college students which was far lesser than the actual entry price. From
this we can understand the price discrimination.
Basically,
price discrimination is the practice where the sellers sells the products and
services based on the age, gender, profession & income. It is further categorized
into segments like perfect price discrimination, market/segment based price discrimination,
price discrimination by self-selection.
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