Top Posters
Since Sunday
o
1
1
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Anthonyling Anthonyling
wrote...
Go to Answer
Posts: 139
Rep: 0 0
A year ago
Consider the following statement: "Price discrimination is harmful to society and should not be tolerated under any circumstance." Why is this statement false?

▸ Price discrimination can allow for some consumers to be made better off because they are able to buy a product or service that was otherwise unaffordable.

▸ Price discrimination leads to higher prices for all consumers and a reduction in consumer surplus.

▸ Price discrimination reduces total quantity exchanged and therefore reduces the sum of producer and consumer surplus.

▸ Price discrimination violates the Canadian Charter of Rights and Freedoms.

▸ Price discrimination always leads to lower prices and higher quantities.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 25 times
1 Reply
Replies
Answer verified by a subject expert
rectorrector
wrote...
#1
Posts: 144
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Anthonyling Author
wrote...

A year ago
Smart ... Thanks!
Mkersey12
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
shelbycox
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  853 People Browsing
 127 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 80
  
 255
  
 362
Your Opinion
Who will win the 2024 president election?
Votes: 8
Closes: November 4
Previous poll results: Who's your favorite biologist?