Question 4 (25 pts) Listen to “Episode 633: The Birth and Death of the Price Tag” of NPR’s Planet…

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Question 4 (25 pts) Listen to Episode 633: The Birth and Death of the Price Tag of NPRs Planet Money podcast. (Link here) Write a short response (2-4college-level sentences will do tothe following questions. . What are the benefits to the firm of using a uniform pricing policy versus negotiating the b. The podcast discusses dynamic airline pricing. Discuss one reason why an airline might price with the customer? What are the costs to the firm? raise (or not cut) the fare as the departure date of a flight approaches. Can you relate your discussion back to the topic of price discrimination?

Question 4 (25 pts) Listen to “Episode 633: The Birth and Death of the Price Tag” of NPR’s Planet Money podcast. (Link here) Write a short response (2-4college-level sentences will do tothe following questions. . What are the benefits to the firm of using a uniform pricing policy versus negotiating the b. The podcast discusses dynamic airline pricing. Discuss one reason why an airline might price with the customer? What are the costs to the firm? raise (or not cut) the fare as the departure date of a flight approaches. Can you relate your discussion back to the topic of price discrimination?

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