In theory,which outcome occurs with perfect price discrimination
A)It decreases the monopolist's profits.
B)It decreases consumer surplus.
C)It increases deadweight loss.
D)It decreases total output.

Question

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With perfect price discrimination, the monopolist is able to charge each consumer their maximum willingness to pay, resulting in the elimination of consumer surplus. The monopolist is able to capture all of the surplus value for themselves, resulting in an increase in profits. Deadweight loss and total output are not necessarily affected by perfect price discrimination.

In Theory,which Outcome Occurs with Perfect Price Discrimination