Economy, asked by kadamkaran883, 8 months ago

11. Discrimination profitable when​

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Answered by mohitkumar420
0

Answer:

Specifically, we show that when a continuum of product qualities are feasible, price discrimination is profitable if and only if the ratio of the marginal social value from an increase in quality to the total social value of the good is increasing in consumers' willingness to pay.

Answered by Anonymous
14

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Specifically, we show that when a continuum of product qualities are feasible, price discrimination is profitable if and only if the ratio of the marginal social value from an increase in quality to the total social value of the good is increasing in consumers' willingness to pay.

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