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PSY-0013 (39)
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Price Discrimination.docx

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Department
Psychology
Course
PSY-0013
Professor
Sam Sommers
Semester
Spring

Description
Section 10: Price Discrimination 04/19/2013 Two­part tariff: consumer pay one price (tariff) for the right to buy as much of a related good as they want a  at a second price First­degree price discrimination Price per unit = MC Output same as if market were perfectly competitive Get all surplus as profit GDP (Y) Y = C + I + G + NX C = consumption I = investment G = government purchases NX = net exports (exports minus imports) Savings Household Saving (S )H S H= Y + TR – C – T  TR = transfers T = taxes Government Saving (S ) G S G= T – G – TR  Total savings S T= Y – C – G  National Income Accounting S + M = I + X (Withdrawals = Injecti
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