When a monopolist practices price discrimination,compared with a single-price monopolist,deadweight loss 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, deadweight loss decreases compared to a single-price monopolist due to the fact that some consumers are charged a lower price and are therefore able to consume more, which reduces the overall inefficiency of the market.

When a Monopolist Practices Price Discrimination,compared with a Single-Price Monopolist,deadweight