The accompanying figure depicts a generalized downward-sloping market demand (D) curve for a product. It also shows the firm's relevant marginal revenue (MR) curve and marginal cost (MC) curve. Refer to this figure to answer the questions.
-If the firm can price-discriminate perfectly, which area(s) are designated as consumer surplus?

Question

The accompanying figure depicts a generalized downward-sloping market demand (D) curve for a product. It also shows the firm's relevant marginal revenue (MR) curve and marginal cost (MC) curve. Refer to this figure to answer the  questions. 
-If the firm can price-discriminate perfectly, which area(s) are designated as consumer surplus?

Quizplus · Accepted Answer

In perfect price discrimination, the firm captures all consumer surplus by charging each consumer their maximum willingness to pay, leaving no consumer surplus.

The Accompanying Figure Depicts a Generalized Downward-Sloping Market Demand (D)