Answer to Question #155333 in Microeconomics for suchayana

Question

Compared to a competitive industry, a perfectly price discriminating monopoly transfers

A) a part of consumer surplus to producers.

B) producer surplus to consumers.

C) deadweight loss away from producers to consumers.

D) the whole consumer surplus to producers

E) None of the above

Answer 1

The correct answer is

D) the whole consumer surplus to producers