Description
Topic: Perfect price discrimination
In a perfect price discrimination case what happens to consumer surplus?
PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:
We have talked about consumer surplus before and its importance. Also, we saw that in a monopoly consumer gets a lower share of surplus than in a competitive market. The difference is captured by the monopolist. Here we want to see what happens to consumer surplus in a perfect price discrimination scenario.
1. Please make sure that you read the relevant chapter from the textbook
2. Watch the YouTube videos for this week and additional course material provide
NOTE:
- post your 300-400 word
- Offer at least two 100-200 word comments (replies) to posts from your peers’ discussions
- you will be graded using the following rubric and standard
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