If a monopolist practices perfect price discrimination,
A)the firm will break even in the long run.
B)consumer surplus will be equal to the deadweight loss.
C)producer surplus will equal consumer surplus.
D)consumer surplus will be zero.

Question

Quizplus · Accepted Answer

When a monopolist practices perfect price discrimination, they charge each consumer the maximum they are willing to pay, thus transferring all consumer surplus to the producer and leaving consumer surplus at zero.

If a Monopolist Practices Perfect Price Discrimination