Description For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course. Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted to Turnitin for plagiarism review. Please note that a minimum of 700 words for your essay is required. *would like to it to be on Price discrimination.
Price Discrimination
Develop a 2-3 page executive memo for your boss. Include the following:
1. Describe the company’s product or service using appropriate economic terminology. Questions to address include, but are not limited to: • What does your company produce? What utility or benefits does it provide to the consumer? How do consumers use it? • What is your company’s history with this product or service? • What does the competition in the market look like for this product or service? • What actions has your company taken to remain competitive? • Does your company sell other products or services that could enhance this product or service? How well are they selling? 2. Provide one or more specific suggestions for price discrimination. • Which price discrimination technique(s) will you use? • In order for your proposal to generate more profits, will you recommend markup or margin pricing? Why? • What is the current price? What will be the new price? • How will consumers benefit from your proposal? 3. Explain how implementing your proposal is expected to impact consumer demand. • How will your proposal impact sales in the first three months? • How will your proposal impact sales within twelve months? • What would increased sales enable the company to do differently



