The Reason a Non-Discriminating Monopolist Chooses to Produce Where P

Multiple Choice

The reason a non-discriminating monopolist chooses to produce where P > MC rather than P = MC,and therefore causes a deadweight loss,is that he

A) ensures himself of a profit at P > MC.
B) does not value the sales that do not occur.
C) will not maximize profit at P = MC.
D) prefers to charge a higher price.
E) will experience a loss at P = MC.