Andre LaRenzie, Chapter One, Question #6

From reading Chapter One of "Naked Economics", my eyes were opened to the vast world of the free market economy. A specific passage that struck me as significant is when the author, Charles Wheelan, discusses the issue of price discrimination. I love the allusion to Al Gore's reference to his mother and her dog using the same medications for arthritis, but paying separate prices. People are willing to put money down for their own sake, rather than someone else's. The pharmacy division will take advantage of selfishness, and self-interest thinkers, which is America in general. People would pay the extra 100$ (or whatever it is for arthritis medications) for themselves. If dog medications were the same price,  people would avoid buying the medication, and (unfortunately) let the dog suffer in order for their own sufficient needs to be met. This would not only hurt the dog, but it would hurt the dog medication  company, so therefore they lower the prices in the same medication, but put a label on it for "dog use only", and they lure in buyers. A sucker is born everyday. This passage was significant because it is frightening the way the business industry tricks people into buying different products for their own benefit.