Fact of the Week is a new feature to Lewlessons, in a continuing effort to educate the masses. Each week I'll post a new interesting FACT, and sometimes I'll add joke or goofy comment with it. let me know what you think.
In the lobby of a Hyatt hotel, a one-day pass for wireless Internet connection cost $10.95. Not cheap, but standard for nice hotels. In the hotel’s ballroom, however- where corporate conferences are typically held-a one-day pass costs $300. Economists refer to such a scenario as price discrimination. Economists also refer to this as some ol’ Bullsh**.