Concept
Version 6
Created by Boundless
Examples of Price Discrimination
![Price discrimination](../../../../../../../../../figures.boundless-cdn.com/20264/raw/mination-28third-degree-29.jpg)
Price discrimination
These graphs show multiple market price discrimination. Instead of supplying one price and taking the profit (labelled "(old profit)"), the total market is broken down into two sub-markets, and these are priced separately to maximize profit. The graph shows how a seller wants to generate the most revenue possible for a good or service. The elasticity of a market influences the profit.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Price discrimination (third degree)."
http://en.wikipedia.org/wiki/File:Price_discrimination_(third_degree).svg
Wikipedia
CC BY-SA.