Monopolists Are Criticized Because They Are Inefficient

Multiple Choice

Monopolists are criticized because they are inefficient. What is meant by this statement?

A) Monopolists charge too high a price.
B) Monopolists don't innovate enough to control pollution.
C) Monopolists produce a large quantity of waste.
D) Monopolists usually don't produce at the minimum of the ATC.
E) Monopolists could use their resources better elsewhere.