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Although this research documented the existence of price discrimination between locals and non-locals, local men still receive $221.63 discount more than local women and non-local men receive $330.19 discount more than non-local women. The discount represents approximately 10% of average personal budget, considering the per capita GDP for 2018 ...
There are two important types: static cost-shifting (price discrimination), that is the ability to charge different prices to different customers. The other one is the dynamic cost-shifting , which means charging the maximal amount of money that the customer is able to pay (not necessarily the highest possible value, but the value that people ...
In United States employment discrimination law, McDonnell Douglas burden-shifting or the McDonnell-Douglas burden-shifting framework refers to the procedure for adjudicating a motion for summary judgement under a Title VII disparate treatment claim, in particular a "private, non-class action challenging employment discrimination", [1] that lacks direct evidence of discrimination.
Price means net price and includes all compensation paid. The seller may not throw in additional goods or services. Injured parties or the US government may bring an action under the Act. Liability under section 2(a) of the Act (with criminal sanctions) may arise on sales that involve: discrimination in price; on at least two consummated sales;
Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]
Immigrants in the U.S. report high levels of on-the-job discrimination. Among those who are likely undocumented, it's even worse. Low wages, lousy shifts, little room for advancement: Immigrant ...
Price discrimination may improve consumer surplus. When a firm price discriminates, it will sell up to the point where marginal cost meets the demand curve. Some conditions are required for price discrimination to exist: Firms must face a downward-sloping demand curve, i.e. the demand for a product is inversely proportional to its price.
Gender-based price discrimination exists in many industries including insurance, dry cleaning, hairdressing, nightclubs, clothing, personal care products, discount prices and consumption taxes. A study by the New York City Department of Consumer and Worker Protection found that, on average, women's products cost seven percent more than similar ...