When price discrimination occurs,the producer's profit is _____ if the producer charges each customer the same profit-maximizing price where marginal revenue equals _____ cost.
A)the same as;marginal
B)greater than;marginal
C)less than;marginal
D)the same as;average total

Question

Quizplus · Accepted Answer

Price discrimination allows a producer to capture more consumer surplus by charging different prices to different customers based on their willingness to pay, leading to higher profits than if a single price were charged where marginal revenue equals marginal cost.

When Price Discrimination Occurs,the Producer's Profit Is _____ If the Producer