Price Discrimination Adds to Social Welfare in the Form of (I)

question 107

Multiple Choice

Price discrimination adds to social welfare in the form of (i)
Increased total surplus.
(ii)
Reduced costs of production.
(iii)
Increased consumer surplus.

• A)(i) only
• B)(i) and (ii) only
• C)(i) and (iii) only
• D)(i), (ii), and (iii)

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Definitions:

Discrimination in Employment

Unfair treatment of employees or job applicants based on race, color, gender, nationality, religion, age, disability, or sexual orientation.

Canadian Charter of Rights and Freedoms

Federal law enacted in 1982, guaranteeing individuals equal rights before the law.

Human Resource Managers

Professionals responsible for overseeing various functions within an organization, including hiring, training, and employee relations.

Canadian Charter of Rights and Freedoms

A foundational legal document in Canada that guarantees fundamental freedoms and rights to its citizens under the constitution.