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Question 6 [12] 6.1. Explain the term consumer surplus in terms of microeconomics. (2) 6.2. Using a diagram (draw the diagram), discuss how price discrimination

Question 6 [12]

6.1. Explain the term "consumer surplus" in terms of microeconomics. (2)

6.2. Using a diagram (draw the diagram), discuss how price discrimination is used to capture consumer surplus. (10)

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