​How Does Monopoly Product Quality Compare to the Quality a Social

Multiple Choice

​How does monopoly product quality compare to the quality a social planner would choose?

A) ​The monopolist targets the marginal consumer's valuation of quality,whereas the social planner targets the average consumer's.This leads the monopolist to make inefficiently low-quality products.
B) ​The monopolist targets the marginal consumer's valuation of quality,whereas the social planner targets the average consumer's.This leads the monopolist to make inefficiently high-quality products.
C) ​There is no difference due to a standard neutrality argument.
D) ​None of the above.