Economics Extended Essay ( EE ) Research Question
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I plan to do my Extended Essay on Economics, specifically price discrimination.
Please share your thoughts on my Research Question and suggest how I can make it better.
RQ : To what extent does the price discrimination that exists in the Cafes in Bukit Jelutong affects the consumer’s demand?
I’ve noticed that the local Cafes where I live in, has a common practice of price discrimination for either students through student discounts or happy hours where any meals bought at a specific time is offered at a lower price. Being someone who enjoys these price discrimination, it has made me wonder how effective it actually is. Do these cafes actually experience higher customer traffic when such price discrimination is implemented? I plan to test this through analyzing whether the price discrimination leads to higher demand of the good.
Please share your thoughts on my Research Question and suggest how I can make it better.
RQ : To what extent does the price discrimination that exists in the Cafes in Bukit Jelutong affects the consumer’s demand?
I’ve noticed that the local Cafes where I live in, has a common practice of price discrimination for either students through student discounts or happy hours where any meals bought at a specific time is offered at a lower price. Being someone who enjoys these price discrimination, it has made me wonder how effective it actually is. Do these cafes actually experience higher customer traffic when such price discrimination is implemented? I plan to test this through analyzing whether the price discrimination leads to higher demand of the good.
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