Concept
Version 6
Created by Boundless
Examples of Price Discrimination
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
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