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A Perfectly Price-Discriminating Monopolist Is Able to

Question 166

Multiple Choice

A perfectly price-discriminating monopolist is able to


A) maximize profit and produce a socially optimal level of output.
B) maximize profit, but not produce a socially optimal level of output.
C) produce a socially optimal level of output, but not maximize profit.
D) exercise illegal preferences regarding the race and/or gender of its employees.

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