Despite creating maximum market efficiency,perfect price discrimination is often disliked by consumers because it transfers the gains in trade from
A) consumers to producers.
B) producers to consumers.
C) firms to producers.
D) buyers to consumers.
E) firms to buyers.

Question

Quizplus · Accepted Answer

Perfect price discrimination allows producers to charge the highest price possible to each individual consumer based on their willingness to pay, resulting in increased profits for the producer at the expense of the consumer. This transfer of gains in trade from consumers to producers is why perfect price discrimination is often disliked by consumers.

Despite Creating Maximum Market Efficiency,perfect Price Discrimination Is Often Disliked