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  • Arthniti Notes - End Term

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    Sid Tushaar Siddharth
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    1) The document discusses price discrimination, which is when a firm sells the same good at different prices to different consumers based on their willingness to pay. 2) It provides an example where consumers with higher willingness to pay are charged a higher price along the demand curve, while those with lower willingness to pay are charged a lower price. 3) The document also discusses three degrees of price discrimination: first degree where each consumer is charged a unique price, second degree where consumers are divided into groups and each group is charged a different price, and third degree where consumers are separated into different markets and each market is charged a different price.

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    1) The document discusses price discrimination, which is when a firm sells the same good at different prices to different consumers based on their willingness to pay. 2) It provides an example where consumers with higher willingness to pay are charged a higher price along the demand curve, while those with lower willingness to pay are charged a lower price. 3) The document also discusses three degrees of price discrimination: first degree where each consumer is charged a unique price, second degree where consumers are divided into groups and each group is charged a different price, and third degree where consumers are separated into different markets and each market is charged a different price.

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    © All Rights Reserved
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    13 views42 pages

    Arthniti Notes - End Term

    Uploaded by

    Sid Tushaar Siddharth
    1) The document discusses price discrimination, which is when a firm sells the same good at different prices to different consumers based on their willingness to pay. 2) It provides an example where consumers with higher willingness to pay are charged a higher price along the demand curve, while those with lower willingness to pay are charged a lower price. 3) The document also discusses three degrees of price discrimination: first degree where each consumer is charged a unique price, second degree where consumers are divided into groups and each group is charged a different price, and third degree where consumers are separated into different markets and each market is charged a different price.

    Copyright:

    © All Rights Reserved
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    of 42

    NOTES OF MICROECONOMICS

    Endterm, Term - I

    "YOU DEMANDED,
    WE SUPPLIED"
    -Arthनीति
    AKSHATA
    DOMSPage No.
    Date

    PRICE DISCRIMINATION
    sellng a partulau good at delleret puces
    to dalercnt comsuies based on th

    and ce-eYsa)

    dingle, orepoly
    A

    9t. anod pice M

    A » feeple wth mee WTP D

    arnd thus aAcPm veeyoerls


    tren cenumer wpes Mengyoy MR.

    Bo, agen

    foeet psae Ricininaten. Moneebw


    late heu meneptust caytuas
    MC
    p t and tlre s ne dead oie
    D
    hagcd tased onti her MR
    wT
    sutut jueduesd ty -
    hegun EfG ’ Meneyely pefit
    DOMS Page No.
    Date

    3 frice Risouunation
    J
    Jucst Rogee decond Rqcee Jhid
    Lchargurg
    cersie
    coch [ehargig "dfeent [Rondrg
    into
    Dces j2er wt

    a onmatiy ]. dornoro
    choging them
    Case
    Juist
    Rg ast maimgg additional refit af
    Me
    EMÇ= MR
    disvuimna
    otit manimzahen
    stiatn)
    D= AR
    wauable
    MR.

    had
    Cty.’
    Secend Rgxe MC
    t all

    nit Riuie
    l'oe changco

    aty. -’
    DOMSPage No.
    Date

    Jhid

    D,-AR

    MR,MR,
    changid mere
    D, -AR,

    Me,: MR +MR
    total alod MR
    at MR = Mc

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