单词 | two-part tariff |
释义 | two-part tariff A pricing system by which customers pay more per unit for their purchases up to some given quantity, with a lower price per unit for further purchases. Such a system is only practicable when the customer can be identified, and resale is difficult. The argument for two-part tariffs is that the higher price for the first n units bought reflects the overhead costs of supplying a particular customer: for example, gas, electricity, and water suppliers incur costs in connection to the mains, however much or little is then bought. Critics of two-part tariffs argue that the higher charge for the first n units is simply a form of monopolistic price discrimination, to skim off some of the customer's consumer surplus. They also point out that a two-part tariff results in higher average prices being charged to poorer customers, who usually buy less than richer ones. |
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