Business
Business, 01.07.2019 11:40, rakanmadi87

The value of deadweight loss for a perfect price discriminator is an imperfect price discriminator.

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Business, 24.06.2019 10:10, dragon7363
7. suppose that the bc government wishes to reduce the quantity of beer sold in the province by 20%. it has calculated that this goal can be achieved either through a price floor set at $2 per six-pack of beer or a price ceiling of $20 per six-pack of beer. assume that the current price of beer is $10 per six-pack. which of the following statements about these policies is true? a) the deadweight loss from the price floor will be greater than the deadweight loss from the price ceiling. b) the deadweight loss from the price ceiling will be greater than the deadweight loss from the price floor. c) there is insufficient information to determine which policy will have the large deadweight loss. d) none of the above statements is true.
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Business, 21.07.2019 10:30, baptistatm51976
What is perfect price discrimination? a. charging consumers different prices across time. b. charging consumers who are less price sensitive a lower price and consumers who are more price sensitive a higher price. c. charging consumers whose demand is less elastic a higher price and consumers whose demand is more elastic a lower price. d. charging every consumer a different price equal to their willingness to pay. e. charging consumers a price equal to consumer surplus. perfect price discrimination is a. unlikely to occur because firms are typically able to keep consumers who buy a product at a low price from reselling it. b. unlikely to occur because firms typically do not know how much each consumer is willing to pay. c. likely to occur because it results in economic efficiency. d. likely to occur because it results in higher profits. e. both a and b. is perfect price discrimination economically efficient? perfect price discrimination is a. inefficient because it converts into producer surplus a portion of consumer surplus. b. inefficient because it results in no consumer surplus. c. efficient because it converts into producer surplus what had been consumer surplus and deadweight loss. d. inefficient because it restricts output below the equilibrium level and creates deadweight loss. e. efficient because it converts into producer and consumer surplus what had been deadweight loss?
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Social Studies, 02.11.2019 04:31, yvettegonzalez3390yg
What is meant by deadweight loss? why does a price ceiling usually result in a deadweight loss? deadweight loss is a a price ceiling results in a deadweight loss when the ceiling price is set the market clearing price.
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Business, 08.11.2019 22:31, dfrtgyuhijfghj4794
Which of the following statements is true? select one: a. there is a deadweight loss associated with perfect price discrimination. b. there is no producer surplus associated with perfect price discrimination. c. for a monopoly there is an increase in total welfare for society compared to perfect competition. d. in perfect price discrimination, the firm is able to convert the entire area of consumer surplus that existed under perfect competition into producer surplus.
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