Which of the Following Is True of a Monopoly Market

Multiple Choice

Which of the following is true of a monopoly market as compared to a perfectly competitive one?

A) In a monopoly market,prices are lower than in a perfectly competitive market.
B) In a monopoly market,the total output produced is higher but the price is the same as in a perfectly competitive market.
C) The total consumer surplus in a monopoly market is lower than a perfectly competitive market.
D) The deadweight loss is smaller in a monopoly market than a perfectly competitive market.
E) The equilibrium output is greater in a monopoly market than a perfectly competitive market.