Is a Single-Price Monopoly Efficient

Multiple Choice

Is a single-price monopoly efficient?

A) Yes, because it creates a deadweight loss.
B) No, because it creates a deadweight loss.
C) Yes, because consumers gain and producers lose some of their surpluses.
D) Yes, because consumers lose and producers gain some of their surpluses.
E) Yes, because it produces the quantity at which MR = MC.