When a monopolist practices price discrimination, compared to a single-price monopolist, consumer surplus will:
A) remain the same.
B) increase.
C) decrease.
D) increase initially, and then return to its original level.

Question

Quizplus · Accepted Answer

When a monopolist practices price discrimination, they capture more consumer surplus by charging different prices to different consumers based on their willingness to pay, thus reducing the overall consumer surplus compared to a single-price monopolist.

When a Monopolist Practices Price Discrimination, Compared to a Single-Price