question archive A perfectly price-discriminating monopolist is able to: a

A perfectly price-discriminating monopolist is able to: a

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A perfectly price-discriminating monopolist is able to:

a. exercise illegal preferences regarding the race and/or gender of its employees.

b. maximize profit and produce a socially-optimal level of output.

c. maximize profit, but not produce a socially-optimal level of output.

d. produce a socially-optimal level of output, but not maximize profit.

Option 1

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