Price discrimination
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| show | When goods and services are sold to different consumers at varying ratios between marginal cost and price
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| What 6 conditions are necessary for price discrimination? | show 🗑
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| Types of price discrimination | show 🗑
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| show | Consumer surplus is eliminated. Maximum price is charged.
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| Define second degree price discrimination | show 🗑
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| show | Division of markets based on consumer characteristics
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Created by:
JackEatonK98
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