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If a monopolist is practicing perfect price discrimination, then A) consumer surplus is zero. B) demand must be inelastic. C) the producer surplus is zero.

If a monopolist is practicing perfect price discrimination, then

A)

consumer surplus is zero.

B)

demand must be inelastic.

C)

the producer surplus is zero.

D)

the monopolist is not profit maximizing.

E)

costs are lower than for the non-price-discriminating monopolist.

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