When a Monopolist Practices Perfect Price Discrimination

question 234

Multiple Choice

When a monopolist practices perfect price discrimination,

• A)consumers receive no consumer surplus
• B)there is allocative inefficiency
• C)there is a deadweight loss
• D)profit is lower than for the nondiscriminating monopolist
• E)total revenue is less than for the nondiscriminating monopolist

---

Definitions:

Mast/o

Refers to the breast or mastoid processes in medical terminology.

Dactyl/o

refers to a word root indicating fingers, toes, or digits.

Cytoplasm

The material or protoplasm within a living cell, excluding the nucleus, containing various organelles where cellular processes occur.

Nuclear Membrane

The double-layered membrane that encloses a cell's nucleus, controlling the passage of materials in and out.