2nd Degree Price Discrimination
{"Image DocumentName": "2nd Degree Price Discrimination", "Image ImageDescription": "The graph shows where the firm sells it product at one price P1 and at quantity Qa that is point X. With a second degree price discrimination they will also charge a second price on a discrete schedule they had set up. To gain more profits they will charge a price P2 and Qa at Point Y. So they can sell more quantity of their product at a cost that the consumer\u2019s who were not willing to pay at the higher price are now willing to pay at the lower price.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}