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Outline of Microeconomics –
It is an extended branch of economics that deals with individual choices of a firm, an individual preference of an industry or corporate and even individual personal choices. This form of extended learning is added in any market where goods and services are purchased and sold. It is an in-depth study of all the behaviour of demand and supply of a product that happens in a market.
There also comes a part of price discrimination that is there in any market. By the very term we will mean a situation where a seller puts up different price for the same product to different customers. And also at times have same price on services they offer to customers at different places. There are different types of such discrimination. But here our team of Third Degree Price Discrimination Assignment Help will explain shortly what the third type of degree is.
Third Degree Price Discrimination –
This will mean charging different prices to different groups of customers. The price will vary from location to location and to different customer segments. In simpler words, it is that time in the market when the seller will charge different price on the same kind of services to various segments of consumer in the market. It is directly related to the ability of a consumer to make payment for services. Therefore, this shows that prices charged may have no relationship with total production costs. As complimented as it may sound but our team will do all assignments easily.
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