11.4 - Price Discrimination Part 1

[georgine337]

Thanks a lot!!!

[fatihyardimcioglu]

thanks



[emptyBox20]

Thank you.....

[VFtiTAn]

thank you 

[xnasarx]

Your a great teacher.... You have helped me soooo much with my economics course! Really appreciate it!

Thanks from the UK!

[exaltedangel09]

studying for this entire course in 1 day. .. got 2 finals in the next 24 hours.. FML

[ronnierascal12]

I agree with this

[porkbaconham]

What did he say from 2:42 to 3:14?

[BboySmithFTC]

Does this take into account the fact that the firm makes more profits now, but what about the fact that the person who buys 3 units wont come back for 3 periods (if they need 1 unit per period)??

[drk5blazer]

Good point

[petermccann2004]

thank you sir

[jd595959]

Nicely explained!

[MonkeyMagic089]

Is the 'inefficiency triangle' the dead weight loss? I've never come across that term before.

[susa09]

yes. same sort of thing. look at another of his vids where he explains that MC=market supply curve (this is a monopoly we're talking about).

so you'll get deadweight/welfare loss

[aamirshafiqqureshi]

Well first part of this was making sense, however, rest was all crap Richard.Anyway Thank you

[dapoazeez]

This Guy must have been a coke head for some time.... His nostrils tell it all..

[bohemia187]

hahahaaha..

[jaskaren25]

very easy explanation..:]

[tenzy426]

Doesn't make sense. why would anyone buy 3 pieces for 75 cents when he can get for 60. Shouldn't it have been 3 for 50 ?

[susa09]

no.

his explanation is that there is a person out that who only wants to buy 1 unit, and is actually willing to pay more for just 1 unit cus he doesn't need any more.

[zhongguohua88]

Because the benefit he gets from them is higher. Take for example air travel. Students are charged less because they cannot afford so much for the tickets and business travelers are charged much more for the exact same flight because they have to take it and are willing to pay more for it.

[sihamze]

tomorow i gonna have test

thank you!

[BolivianLlama]

hektik shizz!

[mzambo666]

Thank you so much Ricard!

[camilleferrandez01]

Great! Your awesome

[dittuss]

excellent! and easyly understandable to we non english speaking students

[blackfeverjp]

Easy-to-understand explanation. Bravo!