Price Discrimination

Bundling
The marketing of related products as a single unit with a price typically less than the sum of the prices of the separate items.
Discriminating Monopoly
A situation where a monopolist sells different units of output at different prices, employing various degrees of price discrimination to maximize profit.
First-Degree Price Discrimination
An overview of first-degree price discrimination, its definitions, concepts, and effects in economic contexts.
Quantity Discount
A price reduction available to purchasers of a specified minimum quantity.
Second-Degree Price Discrimination
A form of price discrimination where different units of a product are sold at different prices, typically through bulk discounts and commodity-bundling.
Two-Part Tariff
An economic pricing strategy where customers pay a higher price up to a set quantity, and a lower price thereafter.
Segmented Market
A market characterized by restricted contact between different customers or suppliers, facilitating price discrimination and service differentiation.