Economics for Life ECO-110HA-OL02: Writing Assignment (1page)

I’m trying to learn for my Economics class and I’m stuck. Can you help?

**Instructor Directions**

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?

-See Attached Grading Rubric

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