Price discrimination adds to social welfare in the form of
A)increased total surplus.
B)decreased total surplus
C)reduced costs of production.
D)increased consumer surplus and decreased producer surplus.

Question

Quizplus · Accepted Answer

Price discrimination can lead to an increased total surplus by allowing firms to sell more units to different consumers at various prices, potentially maximizing the amount sold and the total value created in the market.

Price Discrimination Adds to Social Welfare in the Form of