Exhibit 13-6 Refer to Exhibit 13-6.In perfect price discrimination,consumer surplus is:

Name: Exhibit 13-6 Refer to Exhibit 13-6.In perfect price discrimination,consumer surplus is:
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Question

Exhibit 13-6  Refer to Exhibit 13-6.In perfect price discrimination,consumer surplus is:

Quizplus · Accepted Answer

In perfect price discrimination, the firm charges each consumer their maximum willingness to pay, resulting in all consumer surplus being converted to producer surplus. Therefore, consumer surplus is zero.