Compared to a monopolist that does not price discriminate, a price discriminator will produce an output that is (C) larger, capture more consumer surplus, and generate less deadweight loss in the market.
Therefore, compared to a monopolist that does not price discriminate, a price discriminator will produce an output that is (C) larger, capture more consumer surplus, and generate less deadweight loss in the market.
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The correct question is given below:
Compared to a monopolist that does not price discriminate, a price discriminator will produce an output that is _____, capture _____ consumer surplus, and generate _____ deadweight loss in the market.
a) smaller; less; more
b) larger; more; more
c) larger; more; less
d) smaller; more; less