What type of pricing does this represent? a. Limit pricing. b. 1st degree price discrimination c. 2nd degree price discrimination d. 3rd degree price discrimination e. None of the above.
What type of pricing does this represent? a. Limit pricing. b. 1st degree price discrimination c. 2nd degree price discrimination d. 3rd degree price discrimination e. None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
I have just visited the netflix website and learned about its pricing. I found the following plans
Basic |
Standard |
Premium |
|
---|---|---|---|
Monthly cost* (British Pound) |
£ 5.99 |
£ 9.99 |
£ 13.99 |
Number of screens you can watch on at the same time |
1 |
2 |
4 |
Number of phones or tablets you can have downloads (Links to an external site.) on |
1 |
2 |
4 |
Unlimited movies, TV shows and mobile games |
✓ |
✓ |
✓ |
Watch on your laptop, TV, phone or tablet |
✓ |
✓ |
✓ |
HD available |
✓ |
✓ |
|
Ultra HD available |
|
✓ |
What type of pricing does this represent?
a. Limit pricing.
b. 1st degree price discrimination
c. 2nd degree price discrimination
d. 3rd degree price discrimination
e. None of the above.
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