firms would want to second-degree price discriminate, rather than not price discriminate, in order to: multiple choice increase profits. decrease revenues. increase demand. decrease prices. b. which of the following statements explain why second-degree price discrimination works? instructions: you must make a selection for each option. click once to place a check mark for correct answers and click twice to empty the box for wrong answers. check all that apply the law of demand states that as the price of a good decreases, the quantity demanded increases.unanswered the law of supply states that as the price of a good increases, the quantity supplied increases.unanswered the marginal revenue of a product will increase as production increases.unanswered the average total cost of production typically decreases as output increases.unanswered