When Monopolies Exist Because Economies of Scale Prevail Over the Entire

Multiple Choice

When monopolies exist because economies of scale prevail over the entire range of demand:

A) they will charge prices too low to achieve the efficient level of output.
B) even then, economists insist that they do not serve a useful role.
C) economists suggest that we may want to regulate their production and pricing, but we may not want to give up their cost advantages.
D) ATC is likely to exceed price.