Which of the following statements accurately describe the implications of price discrimination in a market? Select all that apply.

Price discrimination is when a seller charges different prices to different customers for the same product or service. This practice can lead to increased profits for the seller because they can capture more consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay. For example, a movie theater might charge lower prices for children and seniors while charging adults a higher price. While price discrimination can help businesses maximize their revenue, it can also raise questions about fairness and equality, as some customers end up paying significantly more than others for the same experience. Overall, the implications of price discrimination can be complex, as it can improve efficiency in some cases but may also lead to inequalities among consumers.