FIGURE 12-3 -Refer to Figure 12-3.Comparing the Perfectly Competitive Equilibrium to the to the Monopoly

Multiple Choice

FIGURE 12-3
-Refer to Figure 12-3.Comparing the perfectly competitive equilibrium to the monopoly equilibrium,the reduction in consumer surplus due to monopoly is outlined by

A) P₂EP₄.
B) P₂ECP₃.
C) BCE.
D) q₁CEq₂.
E) P₂P₃E.