Question: Why is the small triangle between the Q2 and Q3 not shaded? FIGURE 13.22 Second-Degree Price Discrimination The seller offers the rst block of consumption

Why is the small triangle between the Q2 and Q3 not shaded?

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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