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Migo7s Migo7s
wrote...
Posts: 453
5 years ago
Yield management and price discrimination have enabled firms to increase profits and, at the same time,

• reduce the cost of production.

• capture some consumer surplus.

• reduce transactions costs.

• transfer some producer surplus to consumers.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 37 times
2 Replies

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Replies
wrote...
5 years ago
capture some consumer surplus.
Migo7s Author
wrote...
5 years ago
Appreciate the effort, thank you!
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