A monopoly firm produces men's collared dress shirts. Its brand is strong and differentiated. The company uses price discrimination to increase its economic profits. Which of the following is correct?...

Extracted text: A monopoly firm produces men's collared dress shirts. Its brand is strong and differentiated. The company uses price discrimination to increase its economic profits. Which of the following is correct? The firm is giving greater benefits to its buyers. The firm produces the same quantity at a higher variable cost. Buyers are forced to buy at a higher price because the shirts are scarce. Those with less elastic demand pay a higher price for the shirts. A greater quantity than the allocatively efficient quantity is sold, at a price higher than the market price.