Which fo the following statemtns regarding a monoploly's first-degree price discrmniation is correct?

Question

A. with first degree price discrimination, revenues are small yet still greater than zero.

B. with first degree price discriminatuon, producer surplus is lower thena with uniform pricing.

C. with first degree price discrimination, deadweight loss is large.

D. With first degree price discrminiations, revenues are greaer han when the monopoly charges a uniform price.

Answer 1

D. revenues are equal to the entire area under the demand curve (up to marginal cost)