smartypants80531 smartypants80531
  • 08-11-2017
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Relative to a monopoly charging a single price to all consumers, perfect price discrimination ______ producer surplus and ______ consumer surplus.

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Kalahira
Kalahira Kalahira
  • 18-11-2017
Relative to a monopoly charging a single price to all consumers, perfect price discrimination more producer surplus and less consumer surplus. The more block prices a monopoly can set instead of setting a single price,the larger the total welfare, the more producer surplus, and the smaller the deadweight loss
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