Relative to a single price monopolist, a price discriminating monopolist generates:
A)less total surplus.
B)more total surplus.
C)the same amount of total surplus, but more consumer surplus and less producer surplus.
D)the same amount of total surplus, but less consumer surplus and more producer surplus.

Question

Quizplus · Accepted Answer

Price discrimination brings the level of output closer to the socially optimal quantity.

Relative to a Single Price Monopolist, a Price Discriminating Monopolist