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Please answer the following question, thank you! (would rate immediately after received the answer) Question 17 2 pts The quantity produced with perfect price discrimination

Please answer the following question, thank you! (would rate immediately after received the answer)

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Question 17 2 pts The quantity produced with perfect price discrimination is_ the efficient quantity. Which of the following fills in the blank? O lower than O equal to O higher than O The information is not enough to answer. Question 18 2 pts Concerning the strategy of price discrimination used by firms, which of the following is true? O The more information the firm has about the consumers' individual willingness to pay the easier it is to price discriminate. There is no relationship between information about consumers' willingness to pay and price discrimination. Information about consumers' willingness to pay is only relevant if firms decide to do group pricing. O The more information the firm has about the consumers' individual willingness to pay the harder it is to price discriminate

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