A blog for graduate business students taking ECON 610 or similar courses at VCU. The opinions here are mine. No one at VCU reviews or approves what I post.
Tuesday, February 23, 2021
Barbie doll pricing for printers
Planet Money (Feb. 2021) describes how companies charge low prices for printers to sell high-price ink and make substituting third-party ink difficult.
Thursday, February 11, 2021
Is this an example of 1st degree price discrimination?
"When a woman gets a caesarean section at the gleaming new Van Ness location of Sutter Health’s California Pacific Medical Center, the price might be $6,241. Or $29,257. Or $38,264. It could even go as high as $60,584.
"The rate the hospital charges depends on the insurance plan covering the birth. At the bottom end of the scale is a local health plan that serves largely Medicaid recipients. At the top are prices for women whose plans don’t have the San Francisco hospital in their insurers’ network" (WSJ, Feb. 2021).
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