Multiple Choice
A perfectly price-discriminating monopolist is able to:
A) maximise profit, but not produce a level of output consistent with optimal social wellbeing
B) produce a level of output consistent with optimal social wellbeing, but not maximise profit
C) exercise illegal preferences over the gender of its employees
D) maximise profit and produce a level of output more consistent with optimal social wellbeing
Correct Answer:

Verified
Correct Answer:
Verified
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