One method of price discrimination for firms is the use of coupons and rebates. Firms are basically allowing consumers to self-identify their respective price elasticities of demand for a product. Describe the last time you used a coupon or a rebate, and another time where you knew a coupon might be available and yet chose to not bother with it. Make sure to explain how the opportunity cost of your time and effort played a part in the choice you made.
Do you think price discrimination through coupons is fair? Should there be laws against this behavior? Why or why not?
This is to be written in APA format double spaced Times roman font Number 12. References should include those that you think are righteous along with Madariaga, B. (2010). Economics for life: 101 lessons you can use every day. Mason, Ohio:
South-Western Cengage Learning.
Walters et al. (2012). Econversations: Today's Students Discuss Today's Issues. Pearson