Price discrimination
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Many restaurants offer "early-bird specials " to dinner customers. These specials consist of a significant price reduction on selected menu items purchased before some pre-determined time, e.g., 6 p.m. Is such a practice a form of price discrimination? If so, what type?
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The value of "early-bird specials" explained.
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This is second degree price discrimination. This is a way for the company to sell of products at a lower ...
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