Compared to a firm that does not statistically discriminate but has equally poor information about the true qualifications of potential employees, the firm that does statistically discriminate is likely to be less profitable rather than more

When the market price rises, the consumers' consumer surplus ________. When the market price falls, the consumers' consumer surplus ________

A) decreases; increases B) decreases; decreases C) increases; increases D) increases; decreases E) does not change; increases

Why do you never see firms in a perfectly competitive market advertise their product?

What will be an ideal response?