When a Monopolist Practices Perfect Price Discrimination,_____

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.