Which of the following strategies are used by business firms to capture consumer surplus ?
Price discrimination, bundling and two-part tariffs can each allow firms to capture consumer surplus. Their effectiveness depends on demand, costs and the firm's ability to…
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Which of the following strategies are used by business firms to capture consumer surplus ?
Answer and explanation
Correct answer D
Price discrimination, bundling and two-part tariffs can each allow firms to capture consumer surplus. Their effectiveness depends on demand, costs and the firm's ability to implement them.
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RPSC Assistant Professor (College Education)