The Major Problem with an Unregulated Monopoly Is That the Monopolist

Multiple Choice

The major problem with an unregulated monopoly is that the monopolist will produce

A) less output and sell at a higher price than would be the case in perfect competition.
B) more output and sell at a higher price than would be the case in perfect competition.
C) more output and sell at a lower price than would be the case in perfect competition.
D) less output and sell at a lower price than would be the case in perfect competition.
E) the same output and sell at the same price as in perfect competition.