Under Perfect Price Discrimination

Multiple Choice

Under perfect price discrimination,

A) equilibrium quantity and consumer surplus are the same as under perfect competition
B) equilibrium quantity is greater and consumer surplus is the same as under perfect competition
C) equilibrium quantity and consumer surplus are less than under perfect competition
D) equilibrium quantity is the same but consumer surplus is less than under perfect competition
E) equilibrium quantity is less but consumer surplus is the same as under perfect competition