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Показа т е л е) о тt rрaажn аsеaтcсяtдiиoнnаsм.

И..ка

цены (+, —) на бирже?

Development

Reading (skimming, scanning for subject and language study)

5.7.1.1. Read and translate the text “Price Discrimination” and make a synopsis of it.

Price Discrimination

In international trade there are numerous examples of price discrimination to which different

Customers are subject to. Russia, like some other countries of the CIS, has experienced price discrimination

When buying high technology production (electronics, special tools, etc.). What is the

price discrimination?

It is the selling of the same commodity to different buyers at different prices. Several conditions

Must prevail for it to be profitable. First, there must be a separation between markets that does not

Allow buyers in one market to resell the item in another (no arbitrage must be possible). Secondly,

The seller must possess some degree of monopoly power in at least one market, for, under competitive

Conditions, prices will be driven down to the level of costs in all markets. Thirdly, buyers in

Different markets must have a different level and elasticity of demand for the good. The monopol

Who discriminates will set output for each market where marginal cost is equal to the margin