Explore three of the sophisticated pricing techniques covered in this week and provide an example of how it is used. What are some constraints that may limit the ability of firms to use these techniques? Make sure to give specific real-world examples in your post.
- Price Discrimination
. First degree price discrimination rule
. Second degree price discrimination rule
. Third degree price discrimination rule
- Two-part pricing
- Block pricing
- Commodity bundling
- Peak-load pricing
- Cross-subsidy
- Optimal transfer pricing
- Randomized pricing
- Price matching.