The Figure Given Below Shows the Demand Curves of Two

Multiple Choice

The figure given below shows the demand curves of two classes of buyers, for tickets to a football match.Figure 11.4
D₁: Demand curve of group 1
D₂: Demand curve of group 2
MR₁: Marginal revenue of group 1
MR₂: Marginal revenue of group 2
MC: Marginal cost
-Compared with a perfectly competitive market with similar cost conditions, a monopolist will have:

A) a higher output and a lower price.
B) a lower output and a lower price.
C) equal output and a higher price.
D) a lower output and a higher price.