Learn how businesses use the three degrees of price discrimination to enhance profits by tailoring prices to customer ...

Learn how monopolies maximize profits by equating marginal cost and revenue. Discover the economic principles guiding price and output decisions in monopoly markets.

For customers who don't have the freedom to choose where they shop, technological advancements—particularly artificial intelligence (AI) and intrusive personal data collection—are making price ...

This isn't just theoretical. I was approached by a consultant representing large U.S. employers who were exploring pharmacy tourism that would send patients abroad for their drugs. The controversy ...