The traditional British reserve does not lend itself to haggling over the price of anything and everything. And there is always a cost in terms of time from badgering a market trader or a seller over the telephone. But in this day and age, needs must - and this BBC video report asks whether consumer haggling is making a comeback? it is a good one to show when discussing consumer surplus and different forms of price discrimination.

Wake up with today’s latest news and support

Subscribe to our daily digest and get today’s content delivered fresh to your inbox every morning.

Or follow us

Explore tutor2u