Enrichment
Buying, selling and efficiency - price discrimination in action!
16th May 2015
Efficiency matters! It can make the economy better off. Understanding efficiency in manufacturing and retail markets can help guide policy, according to prize-winning research by Daniel Muller and Fabian Herweg in The Economic Journal. This video looks at the economics of quantity discounts and asks whether this pricing strategy is efficient.
- Economics
- Blog
- Enrichment
- Price Discrimination
- Productive efficiency
- Economic Efficiency
- Allocative efficiency
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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