When a Monopolist Engages in Perfect Price Discrimination, the Quantity

Multiple Choice

When a monopolist engages in perfect price discrimination, the quantity produced and sold

A) is lower than the quantity produced and sold if it adopted a single price.
B) is larger than the quantity produced and sold if it adopted a single price.
C) is the same level as that produced and sold if it adopted a single price.
D) could be lower, higher, or the same as that produced and sold if it adopted a single price.