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Author Question: Which of the following statements regarding perfect price discrimination is false? (Read 80 times)

neverstopbelieb

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Question 1

Monopoly pricing creates a social loss that is captured by no one.


◦ true
◦ false

Question 2

Which of the following statements regarding perfect price discrimination is 
false?


◦ Perfect price discrimination is charging different prices to different buyers.
◦ Perfect price discrimination is an attempt by monopolists to capture consumer surplus as profit.
◦ Perfect price discrimination can eliminate the deadweight loss to society of a monopoly.
◦ Perfect price discrimination yields the same market price and output result as perfect competition.


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Marked as best answer by neverstopbelieb on Apr 19, 2019

ky860224

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neverstopbelieb

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


Mochi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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