Which of the following is true for a monopolist that engages in perfect price discrimination?
a) The firm sells the profit-maximizing quantity of the regular monopolist but charges each consumer a price higher than the regular monopoly price.
b) There is more consumer surplus than exists with a regular monopoly.
c) The monopolist further restricts output compared to the regular monopoly, creating greater deadweight loss.
d) The monopolist sells the allocatively efficient quantity of output.
e) The monopolist no longer faces a downward-sloping demand curve, becoming a price taker.