When a Monopolist Practices Perfect Price Discrimination,_____

question 23

Multiple Choice

When a monopolist practices perfect price discrimination,_____

• A)the equilibrium quantity traded in the market and the consumer surplus are the same as under perfect competition.
• B)the equilibrium quantity traded in the market is greater but the consumer surplus is the same as under perfect competition.
• C)the equilibrium quantity traded in the market and the consumer surplus are both lower than under perfect competition.
• D)the equilibrium quantity traded in the market is the same but consumer surplus is lower than under perfect competition.
• E)the equilibrium quantity traded in the market is lower but consumer surplus is the same as under perfect competition.

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