Question
When firms price discriminate, they: a. maintain surplus from existing consumers but pick up additional consumers that would not have bought at the profit-maximizing
When firms price discriminate, they: a. maintain surplus from existing consumers but pick up additional consumers that would not have bought at the profit-maximizing uniform price. b. get additional surplus from consumers who would have bought at the profit-maximizing uniform price. c. get additional surplus from consumers who would have bought at the profit-maximizing uniform price but lose sales because of the higher prices. d. None of the above.
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
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