f. In the text, we suggested that it is generally not possible without knowing the specifics of
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f. In the text, we suggested that it is generally not possible without knowing the specifics of a case whether third degree price discrimination is more or less efficient than no price discrimination by a monopolist. For the specifics in this case, can you tell whether type 1 consumers are better off without this price discrimination? What about consumer type 2?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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