Second Degree Price Discrimniation

When sellers charge different prices to different consumers based on the quantity bought, they are practicing second degree price discrimination. This video introduces the graphical analysis of and outlines the consequences of second degree price discrimniation
Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! econclassroom.c...

[@laurenle2802]

It's funny to think that at the time I'm watching the video there is a pandemic happening and everyone is getting crazy about toilet papers. Anyway, thank you so much for the video :)

[@jjose3829]

I dont understand how those small triangles are the consumer surplus surely the consumer surplus is the triangle from the highest possible price they could have paid vs what they are actually paying , so the tops of each triangle should always be from the same point.

[@citydoener69]

Just wanted to say your videos are probably among the best economics videos on KZbin. Great job!

[@optimus_prime01]

yes

[@chubakadegreengates]

It would be interesting to see if Total Consumer Surplus actually diminished or not. Clearly when we can price discriminate some of the consumer's surplus transfers to the producer, the Total Surplus also increases. So the proportions change but perhaps there could be a scenario where Total Consumer Surplus also increases.

[@shimakhavari6637]

You are the best I also took online programs of universities but your explanation is Amazingggggg! I will introduce you to my friends you are the best thank you for the video

[@optimus_prime01]

luv u

[@claradiaz2375]

Thanks for your explanation. I needed to brush on these concepts. This form of discrimination is so useful in bussiness. I love it

[@vamsichunduru9806]

The intro music is dope

[@TheExceptionalState]

Clear explanations, good examples. Thank you!

[@srikrishsanthosh6898]

That diagram is so dope!

[@weijiatang5857]

So is that little white triangle on the right of the colored area the dead weight loss?

[@peterhuang2407]

actually I think that's it

[@timhunger4149]

Amazing video, thanks a lot!

[@S米]

Why the MR is not Demand curve?

[@helenh7302]

I think there is a mistake in the graph that the ATC is always higher than MR.

[@卿澈-i8k]

Thank u. U are amazing ❤

[@zachwatkins93]

Isn't it possible that demand would fall for the lower quantities once cheaper, bulk options entered the market? Like somebody who buys in bulk because it is offered but they would have payed the higher unit price if it wasn't

[@gregtheflyingwhale]

Love these videos. Keep it up JW!!

[@juwairiyaazmi8411]

thank you so much for this!!!

[@therealmissglamBAM]

Thank you!!

[@teejetwhaw3826]

What? Is the DD curve market dd or individual dd?

[@momokimchi]

just subbed , I hear nothing but facts.

[@yunusemrekocabey3667]

Great video

[@bake2meditate223]

great help, thank you !

[@vinodkirar1611]

Thanks sir

[@KapilSharma-qt7wc]

Superb...

[@BaljitSingh-mh2te]

Nice