If firms that practice second degree price discrimination use more blo

If firms that practice second degree price discrimination use more block prices,

A) both consumer surplus and welfare will decrease.
B) both consumer surplus and welfare will increase.
C) consumer surplus will decrease, but welfare will increase.
D) consumer surplus will increase, but welfare will decrease.

 

ANSWER

C

 

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00