Suppose two types of consumers are interested in buying subscriptions to The Economist: Professionals and Students. If The Economistdoesn't price-discriminate, it sets a profit-maximizing uniform price, which turns out to be so high that only Professionals subscribe.

The Economisthas asked you to determine whether demographic price discrimination might increase profits. You determine that under the proft-maximizing price-discrimination scheme, Students should receive a discounted subscription.

Now, consider the following sentence, which is missing three phrases:

Relative to the situation under the profit-maximizing uniform-pricing scheme, under the profit-maximizing price-discrimination scheme, the price paid by Professionals will , the profits made by The Economist will , and total consumer surplus will .

Which of the following sequences of phrases (placing the first phrase in the first blank, etc.) would make the sentence correct?

Select the single, best answer to the question.

Group of answer choices

a) fall; stay the same; rise

b) stay the same; rise; fall

c) stay the same; rise; rise

d) rise; stay the same; fall

e) rise; rise; fall