As a Monopolist Increases the Quantity of Output Produced, What

Multiple Choice

As a monopolist increases the quantity of output produced, what happens to price (P) and marginal revenue (MR) ?

A) both P and MR remain constant
B) P is constant, but MR decreases
C) P decreases, but MR is constant
D) both P and MR decrease, but P falls faster than MR
E) both P and MR decrease, but MR falls faster than P