[Commerce Class Notes] on Price Discrimination Pdf for Exam

The market is flooded with the resources, is the common phrase that the stunned get to hear in today’s date. However, that doesn’t mean that any resources that are available in the market are of the right kind and are reliable for the students to use in the exams. In this kind of scenario, comes to assist the students with the most reliable content online. The high quality teachers of have prepared article on Price Discrimination – Types, Examples and Fun Facts . The content could be downloaded in the PDF format by the students.  It could be accessed through any apple, android or windows device. Jumping the barriers of location and money, the content provided by is free of cost, so the students do not have to pay any money.

Overview – Perfect Price Discrimination 

Price Discrimination definition is something which every student must be aware of in order to gain effective knowledge in the study of economics. It is a microeconomic pricing strategy in which similar or largely identical commodities are transacted at different prices by the same vendor in different markets. It relies on the customer’s willingness to pay and the elasticity of demand. Other factors of Price Discrimination include market share, monopolistic market, uniqueness of the product, sole pricing power, etc. The prices are higher than the equilibrium price under Price Discrimination. Other terms used in place of Price Discrimination include equity pricing, dual pricing, tiered pricing and preferential pricing.

Perfect Price Discrimination 

The highest level of Price Discrimination is termed as perfect Price Discrimination. It is also called first-degree Price Discrimination. In this case, the firm tries to gain as much market surplus it can achieve. First-degree Price Discrimination observes Pareto efficient level of output where marginal cost is equal to the marginal willingness to pay. As seen in the above figure, the producer surplus is equal to the total surplus which is (A+B). Therefore, you can observe that there is no deadweight loss even though there is no consumer surplus either. In the end, the quantity and price become equal and it turns into perfect competition. So, in practical scenarios, it is agreed that perfect Price Discrimination cannot exist. In real life, the closest one can get to perfect Price Discrimination through second-degree Price Discrimination or two-part tariff. 

The Edge

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Student’s Room Environment

It is quite understandable that our surroundings are a reflection of our inner qualities and vice versa. Taking note of this, students must always keep the environment healthy for studying.  It will enhance a student’s focus and develop consistency in the studying hours. Lighting of the room also plays a role sometimes when it comes to developing a healthy mood. Students are suggested to have not too bright and not too dim lighting.  It Has soft lighting which doesn’t keep you distracted and also ensures a comfortable reading experience for the students.  .  The study table should not be piled up with the old books that student’s o not need at all. It must be organized since organized surroundings lead to an organized mindset and well arranged time management. 

After reading the entire article a student must have garnered quality information that improves their quality of preparation and guides them towards better grades in the exams ahead.

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