3min chapter

Think Like An Economist cover image

S E22: Price Discrimination - Why some people pay less

Think Like An Economist

CHAPTER

Are You Paying More or Less for Something?

Businesses often try to get away with charging different people different prices for the exact same things. The most difficult part is figuring out which customers you should charge more and which you should charge less. Use that price discrimination to your advantage. Nas, she who makes the most effort saves the most money; but don't forget the value of your time.

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