A Monopolist That Chooses Price

Multiple Choice

A monopolist that chooses price

A) necessarily produces less than a monopolist that chooses quantity, hence the laws against price fixing.
B) produces the same amount as a monopolist that chooses quantity.
C) produces more than a monopolist that chooses quantity, thus the irony of laws against price fixing.
D) could produce more or less than a monopolist that chooses quantity since the demand curve is not specified.