A benefit to consumers of price discrimination is that ?
A. Some products are produced that would not otherwise be produced
B. Producer surplus increases
C. Consumer surplus decreases
D. Firm’s profits increase
A. Some products are produced that would not otherwise be produced
B. Producer surplus increases
C. Consumer surplus decreases
D. Firm’s profits increase
A. the return to any factor of production that is in fixed supply
B. the profit earned by the owner of any housing unit.
C. the amount paid each year by a tenant for an apartment
D. any profit earned by stockholders when they sell their stock
A. morality
B. rights of humanity
C. exercise of power
D. what is best for the people of a nation
A. Embargo
B. Contraband
C. Ban
D. Restriction
A. rejection of traditional custom
B. expectation of improved economic opportunities
C. guarantee of better housing
D. fear of civil war
A. hyperinflation
B. the Pigou effects
C. inflation
D. restraint of trade
A. Marginal utility
B. Additional utility
C. Surplus utility
D. Bonus utility