Practice Problem - Two Part Tariff - First Degree Price Descrimination

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Hi everyone, In this video I'm going to go through a practice problem which is about perfect or first degree price discrimination through charging a two part tariff.

Sorry about the audio at some point there was heaps of birds around!

0:00 Introduction
1:12 Drawing Demand and Marginal Cost
2:21 Finding Output (Q*)
3:58 Price when imposing two part tariff
6:24 Profit
8:10 Welfare (PS/CS/DWL)

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