higher prices and lower output

higher prices and higher output

lower prices and lower output

lower prices and higher output

tends to be inefficient

usually lowers the cost of production dramatically

creates synergies between the newly acquired firm and other government-owned companies

does none of the things described in these answers

Perfect price discrimination generates a deadweight loss

Price discrimination can raise economic welfare

Price discrimination requires that the seller be able to separate buyers according to their willingness to pay

Price discrimination increases a monopolist’s profits

there is some barrier to entry to that market

potential competitors sometimes don’t notice the profits

the monopolist is financially powerful

antitrust laws eliminate competitors for a specified number of years

increase output

decrease output

keep output the same because profits are maximized when marginal revenue exceeds marginal cost.

raise the price