A perfect price- discriminating monopolist would produce as much as a competitive industry would.

Question

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A perfect price-discriminating monopolist can charge each consumer the maximum they are willing to pay, thus selling to anyone who values the product above the marginal cost. This results in the monopolist producing the same quantity as a competitive industry, where production occurs where price equals marginal cost, maximizing allocative efficiency.

A Perfect Price- Discriminating Monopolist Would Produce as Much as a Competitive