The Following Question Are Based on the Following Diagram of a Monopolist

Multiple Choice

The following question are based on the following diagram of a monopolist:

-If a perfectly competitive,constant-cost industry is monopolized,the

A) number of firms in the industry will rise.
B) industry price and output will remain unchanged.
C) industry price and output will rise.
D) price will fall and industry output will rise.
E) price will rise and industry output will fall.