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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: "Price discrimination allows a monopoly to increase its economic profit by capturing part of the con
Post by: Loraine on Jun 21, 2015
"Price discrimination allows a monopoly to increase its economic profit by capturing part of the consumer surplus and turning it into economic profit." Is the previous statement correct or incorrect? If the statement is correct, why is it important in understanding firms' behaviors? If it is incorrect, why is it incorrect?


Title: Re: "Price discrimination allows a monopoly to increase its economic profit by capturing part of the
Post by: VincenzoD on Jul 25, 2015
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