Question

In the US, this practice is prohibited by the Robinson-Patman Act when it causes “primary line” competitive injury across state borders. (10[1])Marcel Boiteux (“bwah-TUH”) built upon Frank Ramsey’s finding that this practice may maximize social welfare. The two-part tariff (-5[1])is an example of this practice in which a product has (10[1])both lump-sum and (10[1])per-unit components. (-5[3])The third-degree (-5[1])version of this (10[1])practice relies on (10[2])an exogenous signal to segment a market. (-5[1])When this practice is performed perfectly, deadweight (-5[1])loss (-5[1])and consumer surplus (-5[1])are (-5[1])eliminated. (-5[1])This practice (-5[2])usually (10[1])disadvantages consumers (10[1]0[1]-5[2])with lower elasticities of demand. (-5[1])For 10 points, name this practice exemplified by senior discounts, (10[1])in which a firm (10[1])charges (10[1])different amounts to different customers. (10[2])■END■ (10[8]0[9])

ANSWER: price discrimination [prompt on differential pricing; prompt on predatory pricing]
<Social Science>
= Average correct buzz position

Summary

2024 ACF Winter at Clemson2024-11-16Y667%0%50%110.50
2024 ACF Winter at Lehigh2024-11-16Y7100%0%29%83.43
2024 ACF Winter at Northwestern2024-11-16Y967%0%44%82.83
2024 ACF Winter at Ohio State2024-11-16Y743%0%71%90.33
2024 ACF Winter at UBC2024-11-16Y333%0%67%105.00

Buzzes

PlayerTeamOpponentBuzz PositionValue
Geoffrey WuColumbia ABard A2010
Ethan SkolnickWashU CWashU D37-5
Todd MaslykMichigan APitt B (UG)4810
Jack CaseyUIUC CPurdue B5110
Arjun BothraHaverford ALehigh A53-5
Jiping FangUIUC DPurdue D53-5
Arthur Stadlin (DII)Ohio State A (UG)Kenyon A (UG)53-5
Alina MooreTennesse BAuburn A55-5
Vishal KanigicherlaPenn AJohns Hopkins A5810
Sam KonkelUChicago CUIUC B6110
Arthur GaydenUChicago AUChicago B6110
Nathan Ouyang (DII)Michigan D (DII)Michigan State B (UG)68-5
KevinMichigan BPitt A75-5
Maximilian NieburJohns Hopkins BPenn State B76-5
Matthew Lam (DII)Ohio State C (DII)CWRU D (DII)79-5
Justin Qian (DII)UBC BAlberta80-5
Akshar GoyalUIUC APurdue A81-5
Jacob PuthipirojNorthwestern APurdue C83-5
Matthew Wang (UG)UBC AUW B83-5
Vedh RameshPenn BColumbia B8410
Charlie WeaverClemson AGeorgia Tech C86-5
Jeffry XuGeorgia Tech BAuburn C86-5
Emma Victoria ByronRutgers CRutgers A8610
Henry LytleWashU DWashU C860
Matthew Stall (DII)CWRU C (UG)Ohio State B (DII)91-5
Danila KabotyaIndiana AWashU B10110
Kevin YeSFUUW A10510
Euan HamGeorgia Tech ATusculum A10610
Matthew WestPurdue AUIUC A11110
Mithilesh Gopalakrishman (DII)CWRU D (DII)Ohio State C (DII)11110
Arhith DharanendraGeorgia Tech FAlabama A11210
Joshua DavenportGeorgia Tech CClemson A11210
TJ PickeringAuburn BEmory A1120
Coy MierAuburn CGeorgia Tech B1120
Luke ZhangEmory AAuburn B1120
Will McCurleyAuburn ATennesse B11210
Chase BarrickLehigh AHaverford A11210
Robert WangPenn State BJohns Hopkins B11210
Teigue KellyPenn State ARowan A1120
Rahul Rao-PothurajuRowan APenn State A11210
Emmett ChoUChicago DMiami1120
Davis JohnsonPurdue DUIUC D11210
Lucas GagenMiamiUChicago D1120
Elias Kradel (DII)Kenyon B (DII)Michigan State C (UG)11210
Joe Paterson (UG)Michigan State B (UG)Michigan D (DII)1120
Owen Edelson (DII)Kenyon A (UG)Ohio State A (UG)1120
Anne Fjeld (DII)AlbertaUBC B1120