Perfectly Price-Discriminating Monopolists Charge

question 237

Multiple Choice

Perfectly price-discriminating monopolists charge:

• A) each consumer his or her maximum willingness to pay, so consumer surplus is zero.
• B) all consumers the average of their willingness to pay, so consumer surplus is maximized.
• C) each consumer his or her maximum willingness to pay, so consumer surplus is maximized.
• D) all consumers the average of their willingness to pay, so consumer surplus is zero.