The more block prices a monopoly can set instead of setting a single price, the

more revenue it can potentially generate. This is because the monopoly can price discriminate, or charge different prices for different quantities of the product. This allows the monopoly to capture more consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay.

Here are the steps to understand this:

1. Monopolies, unlike competitors in a perfectly competitive market, have the power to influence the price of the goods or services they provide.

2. If a monopoly can set multiple block prices, it can set higher prices for consumers who are willing to pay more and lower prices for those who are willing to pay less. This is known as price discrimination.

3. Price discrimination allows monopolies to capture more consumer surplus. Consumer surplus is the difference between the maximum price a consumer is willing to pay and the actual price they pay.

4. By capturing more consumer surplus, the monopoly can increase its total revenue.

5. Therefore, the more block prices a monopoly can set instead of setting a single price, the more revenue it can potentially generate.

Remember, while this strategy can increase a monopoly's revenue, it may not always be possible or legal for a monopoly to price discriminate.