Which statement is correct regarding consumers' surplus?

• Consumers' surplus is maximized in the sequential Hotelling model.
• Consumers' surplus is bigger in the sequential Hotelling model than in the standard Hotelling model (choosing prices at the same time).
• Consumers' surplus is the same in the sequential Hotelling model than in the standard Hotelling model.
• Consumers' surplus is smaller in the sequential Hotelling model than in the standard Hotelling model (choosing prices at the same time).