If a Firm Knew Every Consumer's Willingness to Pay and Could

Multiple Choice

If a firm knew every consumer's willingness to pay and could prevent arbitrage, it could charge every consumer a different price.This practice is known as

A) first-degree exploitation, or perfect price discrimination.
B) maximisation of producer surplus, or perfect price discrimination.
C) first-degree price discrimination, or perfect price discrimination.
D) first-degree transfer of consumer surplus, or perfect price discrimination.