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The graph to the right illustrates the demand for Sony's PlayStation Portable (PSP) hand-held video-game player. 600 MC Suppose Sony is able to determine every
The graph to the right illustrates the demand for Sony's PlayStation Portable (PSP) hand-held video-game player. 600 MC Suppose Sony is able to determine every consumer's willingness to pay for its PSP (and is able to keep consumers 550- who buy a PSP from reselling it). 500 Compared to the market outcome with no price discrimination, 450 if Sony engages in first-degree price discrimination, then 400- Consumer surplus will |decrease and dead weight 350- Price and cost (dollars per unit) loss will decrease 300- 250- With first-degree price discrimination, producer surplus will 200- equal $ 6450 . (Enter a numeric response using a real number 150- rounded to one decimal place.) 100- 50- MR 10 20 30 40 50 80 70 80 90 100 Quantity of PSPs (units per day)
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