Answer:
The deadweight loss decreases.
Explanation:
Deadweight loss is defined as the loss to society that is caused by price controls and taxes.
A monopoly market has control over the prices.
Price discrimination is the practice of charging a different price for the same good or service. There are three types of price discrimination – first-degree, second-degree, and third-degree price discrimination.
The firm is able to charge the maximum possible price for each unit which enables the firm to capture all available consumer surplus for itself.
