(a)[2]
What does ‘price discrimination’ mean?
(b)[4]
Identify one example of price discrimination and one example of non-price discrimination in the article. Explain why you chose each one.
(c)[4]
Draw and explain a diagram illustrating price discrimination.
(d)[4]
The article says that price discrimination ‘is related to demand and supply and is acceptable in a market economy’. Is there any link between price discrimination and demand and supply?
(e)[6]
The article says that ‘price discrimination exploits consumers’. The implication is that it should not be allowed. Do you agree with this claim?