The consequences of price discrimination are The consequences of price discrimination are Consummate more transactions Extract more consumer surplus Increase producer surplus All of the aboveFor a firm to maximize total profits through price discrimination, it should For a firm to maximize total profits through price discrimination, it should Charge nothing to both set of consumers-throw a party Charge the same price to both sets of consumers Charge a low price to consumers with an inelastic demand and high price to consumers with an elastic demand Charge a high price to consumers with an inelastic demand and low price to consumers with an elastic demandOne reason demand curves slope downwards is One reason demand curves slope downwards is Marginal value increases with each purchase Marginal value declines with each purchase Total value declines with each purchase All of the above