When a monopolist charges everybody exactly what they're willing to pay
A)consumer surplus is positive and the dead weight loss is positive
B)consumer surplus is zero and the dead weight loss is zero
C)consumer surplus is positive and the dead weight loss is zero
D)consumer surplus is zero and the dead weight loss is positive

Question

Quizplus · Accepted Answer

When a monopolist charges each consumer their maximum willingness to pay, it captures all consumer surplus as profit, resulting in zero consumer surplus and zero deadweight loss, as the quantity produced is socially optimal.

When a Monopolist Charges Everybody Exactly What They're Willing to Pay