【每日一练】CFA 一级（2015年）

Question：

First-degree price discrimination is best described as pricing that allows producers to increase their  economic profit while consumer surplus: 
A. increases. 0
B. decreases. 
C. is eliminated. 
 

Answer = C 

In first-degree price discrimination, the entire consumer surplus is captured by the producer; the  consumer surplus falls to zero. 

CFA Level I 
"The Firm and Market Structures," Richard G. Fritz and Michele Gambera 
Section 6.4 

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