If a monopoly is able to perfectly price discriminate,then consumer surplus is
A) equal to zero.
B) maximized.
C) unchanged from what it is with a single-price monopoly.
D) unchanged from what it is in a perfectly competitive industry.
E) not zero but is less than with a single-price monopoly.

Question

Quizplus · Accepted Answer

Perfect price discrimination means that the monopolist is charging each consumer their maximum willingness to pay, which leaves no room for any consumer surplus. Therefore, consumer surplus is equal to zero in this scenario, which is the best answer choice.

If a Monopoly Is Able to Perfectly Price Discriminate,then Consumer