If a monopoly can perfectly price discriminate,
A) all the demanders pay one price.
B) it minimizes its profit.
C) it produces the same amount of output as would be produced if the market was a perfectly competitive industry.
D) it produces less output than would be produced if the market was a perfectly competitive industry.
E) it creates the same amount of consumer surplus as would be created if the market was a perfectly competitive industry.
C
Economics
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Answer the following statement true (T) or false (F)
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