In Order to Eliminate the Inefficiency Brought About by a Monopoly,the

Multiple Choice

In order to eliminate the inefficiency brought about by a monopoly,the government wants to impose a price ceiling on the monopoly.What is the optimal price to be imposed?

A) The competitive price
B) The competitive price, unless it is below ATC.
C) The competitive price, unless it is below MR.
D) The competitive price, unless it is above ATC.