The Economic Justification for Disdaining Monopoly,from a Social Point of View,is

Multiple Choice

The economic justification for disdaining monopoly,from a social point of view,is that the monopolist

A) always earns excessive profit.
B) can charge any price he wants.
C) exploits the inelastic nature of demand.
D) produces less than the quantity which maximizes total economic surplus.
E) can treat his consumers with complete indifference.