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Buying, selling and efficiency - price discrimination in action!

Geoff Riley

16th May 2015

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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.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty 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 and Revision conferences in the UK and overseas.

@tutor2uGeoff

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