ECO 110HA Saint Leo University Week 6 Coupons Method of Price Discrimination Paper One method of price discrimination for firms is the use of coupons and r

ECO 110HA Saint Leo University Week 6 Coupons Method of Price Discrimination Paper One method of price discrimination for firms is the use of coupons and rebates. Firms are basically allowing consumers to self-identify their respective price elasticities of demand for a product. Describe the last time you used a coupon or a rebate, and another time where you knew a coupon might be available and yet chose to not bother with it. Make sure to explain how the opportunity cost of your time and effort played a part in the choice you made.

Do you think price discrimination through coupons is fair? Should there be laws against this behavior? Why or why not? ECO 110HA UE SLO Rubric
Name
Writing Assignment 4
Date
Performance Levels
SLOs
Criteria
No Evidence
Identification of purpose is
vague and/or does not
elaborate/exemplify the
purpose
Partial Evidence
Solid Evidence
HA1
Identifies the purpose/goal for the
paper
CT3
Information used is incomplete, incorrect Information used comes from Information used comes from Information used comes from
or biased
reliable sources and is
reliable sources and is
reliable sources within the
appropriate to the paper
Clearly identifies the purpose
Clearly identifies the
of the writing, with only
purposed of the writing using
limited
elaboration/exemplification
elaboration/exemplification
and/ or the vocabulary of the
discipline (as appropriate)
appropriate to the paper
discipline, is appropriate to
the paper and presents a
coherent clear picture
HA2
Relevant terminology is included and Concepts are identified, but
used correctly
not clearly defined. No
attempt to
elaborate/exemplify
Some concepts are clearly
defined using
elaboration/exemplification
All relevant concepts are
clearly defined using
elaboration/exemplification
Grammar &
Spelling
Use appropriate grammar, syntax
Writer makes errors in
and formatting when communicating grammar and/or spelling
which significantly affect the
flow of the paper
Writer makes errors in
grammar and/or spelling that
make the ability to follow the
paper more difficult
Writer makes few (or no)
errors in grammar or spelling
that do not affect the flow or
ability to follow the paper
Comments:
Score
ECO 110HA: Economics for Life
Module 6 Terminology
Familiarize yourself with the definition for each term and evaluate the significance of these terms to the
topics presented within the textbooks.

Profit-maximizing rate of production

Marginal revenue

Marginal costs

Short run

Long run

Total costs

Average total costs

Fixed costs

Variable costs

SR shutdown price

Perfect competition

Monopolist

Natural monopoly

Monopolistic competition

Oligopoly

Price elasticity of demand

Price discrimination

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