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Economics A Level (DONEEEEEEE)
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Pregunta:
What is Second Degree Price Discrimination? -What is the different between Second and Third Price Discrimination
Autor: go kysRespuesta:
-This is when Lower Prices are given to thus who buy Large Quantities - Bulk Buy -This can turn Consumer Surplus, some of it, into Revenue for the Firm. It also encourages Big Orders -The Difference between Second and Third Degree is that Second Degree DOES NOT know there are different Groups with different Willingness to Pay -Supermarkets - LIDL - love Second Degree.
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go kys![go kys](https://lh5.googleusercontent.com/-VcvAufixQC8/AAAAAAAAAAI/AAAAAAAAAAA/AMZuuclTgbVcwbkN34cKx-XDycscqf7VNg/s96-c/photo.jpg)