Author Question: Perfect price discrimination A) turns all the producer surplus into consumer surplus. B) turns ... (Read 65 times)

deesands

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Perfect price discrimination
 
  A) turns all the producer surplus into consumer surplus.
  B) turns all the consumer surplus into economic profit.
  C) creates a deadweight loss.
  D) cannot result in profit maximization.

Question 2

Which of the following will NOT increase a worker's human capital?
 
  A) more work experience
  B) more training
  C) more schooling
  D) a higher wage rate



kingfahad97

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Answer to Question 1

B

Answer to Question 2

D



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