2min chapter

Think Like An Economist cover image

S E22: Price Discrimination - Why some people pay less

Think Like An Economist

CHAPTER

How to Get a Discount on a Designer Clothes

Businesses intentionally make their products worse in order to create a hurdle. They figure that people willing to leap the hurdle of watching a movie with slightly lower quality are those who really need the discount. There's one other major type of discount we haven't looked at yet, and that is quantity. Often buying something in bulk works out to be cheaper. Sometimes the hurdle s not time. It's about the quality of the pro s.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode