In a perfectly competitive market, how does second-degree price discrimination affect the allocation of resources compared to uniform pricing?

In a perfectly competitive market, second-degree price discrimination allows sellers to charge different prices based on the quantity purchased or the type of product. This means that consumers can choose different pricing options, such as buying in bulk at a lower price or paying more for premium features. As a result, resources can be allocated more efficiently because sellers can better match prices with consumers' willingness to pay, leading to increased sales and production. For example, if a company sells software, it might offer a basic version at a low price and a premium version with additional features at a higher price. This strategy encourages more consumers to buy the product while maximizing the seller's revenue, ultimately leading to a more efficient distribution of resources in the market.