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Author Question: Define price discrimination and explain why a monopolist would price discriminate? What will be ... (Read 95 times)

TVarnum

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on: Jun 29, 2018
Define price discrimination and explain why a monopolist would price discriminate?
 
  What will be an ideal response?

Question 2

In a closed economy, public saving is equal to which of the following? (Y = GDP, C = Consumption, G = Government purchases, T = Taxes, and TR = Transfers)
 
  A) T - G - TR B) Y - C - T + TR C) Y - G - T D) Y - C - T


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jesse.fleming

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Price discrimination is charging different prices to different consumers. A monopolist will price discriminate in an attempt to capture consumer surplus as profit.

Answer to Question 2

A


TVarnum

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Reply 2 on: Jun 29, 2018
:D TYSM

dreamfighter72

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Reply 3 on: Yesterday
Excellent

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