Price Discrimination. Describe the Price Essay

Open, View, and/or
Download this Document

Total Length: 858 words ( 3 double-spaced pages)

Total Sources: 2

Page 1 of 3

During recessions, when people fear losing their jobs, workers are less apt to spend money on things like clothes and entertainment, and horde their money. If they have lost their job, they try to spend as little money as possible. Americans are also buying more big-ticket items like cars, home appliances, and homes, indicating that they are confident enough to take advantage of the currently low interest rates and feel more certain they can pay back the loans in the future. More businesses are hiring, indicating that consumer demand has increased and there is a greater need for staff to meet the business' needs. The stock market is improving, which also indicates that people are investing their money in a more high-risk fashion than before, and feel more confident about the direction of the economy.

Q3. Do you believe companies should be allowed to place cookies on your electronic devices without notifying you as a condition of doing business with them? Do you believe they should be able to place cookies that automatically re-spawn after a user deletes them? From an economic perspective, is there a benefit in allowing companies to install cookies? Is there harm? Do the benefits outweigh the costs?

A company should not be allowed to silently place a cookie in what is a consumer's private equipment -- his or her computer.

Stuck Writing Your "Price Discrimination. Describe the Price" Essay?

View All Our Example Price Discrimination. Describe the Price Essay

Have A Custom Example Essay Written

This would be equivalent to a brick-and-mortar company placing a tracking device within a consumer's credit card that would enable the store to gather the information about the consumer's subsequent purchases until the consumer manually deleted the chip. However, at least consumers can delete cookies -- the problem comes with automatically 're-spawning' cookies that further take away a consumer's choice to not share his or her information with a company. Most consumers do not understand that they are being tracked after making a purchase, so there is no clear decision by the consumer to share his or her personal information in such a permanent fashion. The supposed benefit is that consumers can receive updates specifically tied to their needs while surfing the web, based upon search patterns and previous purchases. However, this at best encourages consumers to make additional purchases they do not necessarily need and at worst could lead to the exposure of consumer identity in inappropriate ways (Shpritz 2011).....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Price Discrimination Describe The Price" (2011, March 30) Retrieved May 19, 2025, from
https://www.aceyourpaper.com/essays/price-discrimination-describe-price-11104

Latest MLA Format (8th edition)

Copy Reference
"Price Discrimination Describe The Price" 30 March 2011. Web.19 May. 2025. <
https://www.aceyourpaper.com/essays/price-discrimination-describe-price-11104>

Latest Chicago Format (16th edition)

Copy Reference
"Price Discrimination Describe The Price", 30 March 2011, Accessed.19 May. 2025,
https://www.aceyourpaper.com/essays/price-discrimination-describe-price-11104
   

Open, View, and/or
Download this Document
order custom essay example