Which of the Following Is True of a Monopoly Market

Multiple Choice

Which of the following is true of a monopoly market versus a perfectly competitive one?

A) Prices are lower than in a perfectly competitive market.
B) Total output produced is smaller but the price is the same as in a perfectly competitive market.
C) The total consumer surplus is smaller than in a perfectly competitive market.
D) The deadweight loss is smaller than in a perfectly competitive market.
E) Output is produced using a greater number of facilities than in a perfectly competitive market.