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Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
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20 votes
20 votes
Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.

User Mohit Uprim
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1 Answer

18 votes
18 votes

Answer:

no consumer surplus

Step-by-step explanation:

Price discrimination is selling a product at different prices for different classes of buyers based on their differing elasticity of demand for the product or service.

under perfect price discrimination, buyers enjoy no consumer surplus .

User Mikael Vandmo
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