(Figure: Producer Surplus III) Which of the following statements is (are) TRUE? I. Producer surplus under perfect price discrimination is $75.
II) Producer surplus under a single-price monopoly is $45.
III) The price of the first block is $28, and the price of the second block is $20. Producer surplus under block pricing is $75.
A) I, II, and III
B) I and II
C) II and III
D) II

Question

(Figure: Producer Surplus III) Which of the following statements is (are) TRUE?  I. Producer surplus under perfect price discrimination is $75.
II) Producer surplus under a single-price monopoly is $45.
III) The price of the first block is $28, and the price of the second block is $20. Producer surplus under block pricing is $75.
A) I, II, and III 
B) I and II 
C) II and III 
D) II

Quizplus · Accepted Answer

The Answer of (Figure: Producer Surplus III) Which of the following statements is (are) TRUE?  I. Producer surplus under perfect price discrimination is $75.
II) Producer surplus under a single-price monopoly is $45.
III) The price of the first block is $28, and the price of the second block is $20. Producer surplus under block pricing is $75.
A) I, II, and III 
B) I and II 
C) II and III 
D) II

(Figure: Producer Surplus III) Which of the Following Statements Is