When first-degree price discrimination is perfectly implemented
a. social gain is maximized, with all gains going to the monopoly.
b. consumers' surplus and producer's surplus are both larger than in the case of simple monopoly.
c. the resulting deadweight loss is larger than if the monopoly did not price discriminate.
d. the consumers' and producer's gains from trade are identical to those in a competitive market.
a. social gain is maximized, with all gains going to the monopoly.
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