If a monopolist can perfectly price discriminate, then
A) it will not give a discount to those who buy in bulk.
B) the deadweight loss is larger than if it cannot price discriminate.
C) there will be no consumer surplus.
D) it will charge just two different prices in two different markets.

Question

Quizplus · Accepted Answer

Perfect price discrimination means the monopolist charges each consumer the maximum they are willing to pay, eliminating consumer surplus because each consumer pays exactly their valuation of the good.

If a Monopolist Can Perfectly Price Discriminate, Then