In Example 11.1 (page 408), we saw how producers of processed foods and related consumer goods use
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a. Does prohibiting the use of coupons in Germany make German consumers better off or worse off?
b. Does prohibiting the use of coupons make German producers better off or worse off?
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a In general we cannot tell whether consumers will be better off or worse off Total consumer surplus can increase or decrease with price discriminatio...View the full answer
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