Graph 15-4 This Graph Depicts the Demand and Marginal-Cost

Multiple Choice

Graph 15-4 This graph depicts the demand and marginal-cost curves of a profit-maximising monopolist.Use the graph to answer the following question(s) .
-Refer to Graph 15-4.If the monopoly operates at an output level below q₀, decreasing output would:

A) raise the price and raise total surplus
B) lower the price and raise total surplus
C) raise the price and lower total surplus
D) lower the price and lower total surplus