ation 12 answered Question 10.11 Homework Unangered Which of the following statements are true regarding first-degree price discrimination? (Check all that apply. Select an answer and submit. For keyboard navigation, use the updown arrow keys to select an answer The producer can be made better off without making consumers worse off. b The consumer surplus is zero. The monopolist expands production until MCAP. d There is extreme inequity in the allocation of surplus Unanswered Submit Uldiswered Question 10.12 Homework Answered First degree price discrimination: Select an answer and submit For keyboard navigation, use the up, down arrow keys to select an answer. a reduces producer surplus by increasing quantity, b increases consumer surplus by increasing quantity creates a greater loss of social surplus d eliminates the deadweight loss by increasing output to where marginal cost equals price Answered