One method of price discrimination for firms is the use of coupons and rebates. Firms are basically allowing consumers to self-identify their respective price elasticities of demand for a product. Describe the last time you used a coupon or a rebate, and another time where you knew a coupon might be available and yet chose to not bother with it. Make sure to explain how the opportunity cost of your time and effort played a part in the choice you made.
Do you think price discrimination through coupons is fair? Should there be laws against this behavior? Why or why not?
Criteria rubric
No Submission
Partial Evidence
Solid Evidence
Criterion Score
Identifies the purpose/goal for the paper HA1
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Score of Identifies the purpose/goal for the paper HA1,/ 3
Information used CT3
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Score of Information used CT3,/ 3
Relevant terminology is included and used correctly HA2
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Score of Relevant terminology is included and used correctly HA2,/ 3
Use appropriate grammar, syntax and formatting when communicating
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Score of Use appropriate grammar, syntax and formatting when communicating,/ 3