Which of the Following Statements Regarding a Monopolist's Profit Maximizing

Multiple Choice

Which of the following statements regarding a monopolist's profit maximizing condition is false?

A) The monopolist's profit-maximizing price will be greater than marginal cost for the last unit supplied.
B) A monopolist can earn positive economic profit.
C) Because monopoly price is above marginal cost and a monopoly earns positive economic profit, there are no benefits to consumers in the monopoly market.
D) Price equals average revenue at the profit-maximizing quantity of output.