Answer the Following Questions

question 29

Essay

Answer the following questions.
a. What are the two basic requirements for price discrimination?
b. Assuming the two basic requirements for price discrimination are met, match the situation in the left column of the following table with the appropriate pricing strategy in the right column.

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Definitions:

Floodplains

Flat or nearly flat land adjacent to a stream or river that experiences occasional or periodic flooding.

Mangrove Forests

Coastal vegetation systems consisting of various species of mangroves, which are salt-tolerant trees that help protect shorelines and provide habitat for diverse wildlife.

Cloud Seeding

The practice of dispersing substances into clouds to encourage precipitation, used as a technique to enhance rainfall or snowfall.

Urban Wastewater

Urban Wastewater is water that has been adversely affected in quality by anthropogenic influence, including household sewage and industrial effluents, requiring treatment before release or reuse.