In perfect price discrimination, consumer surplus is zero because ...

[Zulu123]

In perfect price discrimination, consumer surplus is zero because each consumer pays:
 a. the market price.
 b. the cost price.
 c. peak load price.
 d. the reservation price

Question 2

In effect, during the period immediately following World War II, the world was on a(n):
 a. gold standard.
  b. flexible-exchange-rate standard.
  c. U.S. dollar standard.
  d. exchange-rate standard dictated by Germany
  e. pegged-exchange rate standard.

[helenmarkerine]

Answer to Question 1

d

Answer to Question 2

c