question archive 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.
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