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A perfectly price-discriminating monopolist is able to: Select one: a. maximise profit, but not produce a...

A perfectly price-discriminating monopolist is able to:

Select one:

a. maximise profit, but not produce a level of output consistent with optimal social well-being

b. produce a level of output consistent with optimal social well-being, 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 well-being

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Answer #1

Answer-A perfectly price-discriminating monopolist is able to, The correct answer is option D, maximize profit and produce a level of output more consistent with optimal social well-being .

Option A is an incorrect answer because A perfectly price-discriminating monopolist is able to maximize profit but it will also produce a level of output consistent with optimal social well-being.

Option B is an incorrect answer A perfectly price-discriminating monopolist is able to produce a level of output consistent with optimal social well-being, but also maximize profit.

Option C is an incorrect answer because A perfectly price-discriminating monopolist is not able to exercise illegal preferences over the gender of its employees.

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