More cards in this set

Card 46

Front

compared to a PC, in a M why is there a loss of consumer surplus?

Back

Preview of the front of card 46

Card 47

Front

perfect/first-degree price discrimination

Back

Preview of the front of card 47

Card 48

Front

under price discrimination what price can a monopoly charge? what does the demand curve become?

Back

Preview of the front of card 48

Card 49

Front

with price discrimination what happens to consumer surplus?

Back

Preview of the front of card 49

Card 50

Front

with price discrimination what happens to total welfare?

Back

Preview of the front of card 50

Card 51

Front

when is partial price discrimination possible?

Back

Preview of the front of card 51

Card 52

Front

what are the 3 conditions under which a firm is able to price discriminate?

Back

Preview of the front of card 52

Card 53

Front

why is price discrimination not possible in PC?

Back

Preview of the front of card 53

Card 54

Front

what makes price discrimination profitable for firms?

Back

Preview of the front of card 54

Card 55

Front

arbitrage

Back

Preview of the front of card 55
View more cards