Consider a Monopoly Who Posts an Economic Profit of $10,000,000

Multiple Choice

Consider a monopoly who posts an economic profit of $10,000,000.All else equal,this monopolist should expect

A) entry into its market, prices to fall, profits to fall.
B) no entry into its market, prices to remain the same, profits to remain the same.
C) exit from its market, prices to rise, profits to rise.
D) entry into its market, the need to increase price, profits to remain the same.