5. Which of the following is true?:
(a) There is deadweight loss in a perfect price-discriminatingmonopoly market
(b) A Pareto optimum where total surplus is maximised is never afair outcome
(c) The total surplus in a perfect price-discriminating monopolymarket is the same as in a competitive market
(d) Consumer surplus is not reallocated to producers if aperfect competitive market turns into a price-discriminatingmonopoly market
(e) Total surplus is higher in a perfect competitive market thanin a perfect price- discriminating monopoly market.
in perfectly competitive industry, TC=400+10q + q2 and amarginal cost curve of M C = 10 + 2q if it produces a positivequantity of output
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