Under perfect price discrimination, consumer surplus:
A) is less than zero.
B) is greater than zero.
C) equals zero.
D) is maximized.

Name: Under perfect price discrimination, consumer surplus: A) is less than zero. B) is greater than zero. C) equals zero. D) is maximized.
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Question

Quizplus · Accepted Answer

Under perfect price discrimination, a seller charges each buyer their maximum willingness to pay, thus capturing all the consumer surplus and leaving the consumer surplus equal to zero.

Under Perfect Price Discrimination, Consumer Surplus