Question: Why is not all the triangle and the rectangle shaded? and please explain the diagram FIGURE 13.22 Second-Degree Price Discrimination The seller offers the rst

 Why is not all the triangle and the rectangle shaded? and

Why is not all the triangle and the rectangle shaded? and please explain the diagram

please explain the diagram FIGURE 13.22 Second-Degree Price Discrimination The seller offers

FIGURE 13.22 Second-Degree Price Discrimination The seller offers the rst block of consumption (0 to Q1) at a high price (P1), the second block (Q1 to Q2) at a lower price (P2), the third block (Q2 to Q3) at a still lower price (P3), and so on. This enables the monopolist to capture a substantial share of consumer surplus (the shaded area)

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