Hello, I'm writing an essay about the US Fed's involvement in the Great Panic, and I'm discussing...

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Hello, I'm writing an essay about the US Fed's involvement in the Great Panic, and I'm discussing the housing bubble and sub prime loans. I was wondering if anyone would be able to help me with figuring out which diagram i should use to explain third degree price discrimination relating to sub-prime borrower discrimination?

David · Accepted Answer

Solution 
Third degree price discrimination is a market situation where a monopolist divides the 
consumers in a group of two or more to charge different prices according to the demand 
elasticities of consumers in different groups. Departmental investigation into the subprime crisis 
has revealed that in the years immediately preceding the crisis, the loan officers and brokers 
throughout U.S.

Hello, I'm writing an essay about the US Fed's involvement in the Great Panic, and I'm discussing the housing bubble and sub prime loans. I was wondering if anyone would be able to help me with...

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