[Answered] A perfect price discriminating equilibrium maximizes A) consumer surplus. B) the associated ...

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Author Question: A perfect price discriminating equilibrium maximizes A) consumer surplus. B) the associated ... (Read 56 times)

iveyjurea

Hero Member
Posts: 555

on: Jul 1, 2018

A perfect price discriminating equilibrium maximizes

A) consumer surplus.
B) the associated deadweight loss.
C) the market inefficiency.
D) total welfare.

Question 2

Indifference curves are downward sloping because of the assumption of

A) completeness.
B) transitivity.
C) more is better.
D) All of the above.

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Heffejeff

Sr. Member
Posts: 336

Reply #1 on: Jul 1, 2018

Answer to Question 1

D

Answer to Question 2

C

iveyjurea

Member
Posts: 555

Reply 2 on: Jul 1, 2018

YES! Correct, THANKS for helping me on my review

parker125

Member
Posts: 332

Reply 3 on: Yesterday

Wow, this really help

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