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Home Page | Move.mil Cengage Learning Pay CENGAGE MINDTAP Homework(Ch 15) 100 90 80 Monopoly Outcome Profit 8 8 PRICE (Dollars per pair of Ooh boots) A Consumer Surplus MC = ATC Deadweight Loss Demand 100 200 300 400 500 800 700 800 900 1000 QUANTITY (Pairs of Ooh boots) Consider the welfare effects when the industry operates under a monopoly and cannot price discriminate versus when it can price discriminate. Complete the following table by indicating under which market conditions each of the statements is true. (Note: If the statement isn't true for either single-price monopolies or perfect price discrimination, leave the entire row unchecked.) Check all that apply. Statement Single-price Monopoly Perfect Price Discrimination There is deadweight loss associated with the profit-maximizing output. Barefeet produces a quantity less than the efficient quantity of Ooh boots. 0 Total surplus is maximized. 0 Grade It Now Save & Continue Continue without saving