Which of the Following Is True of a Pure Monopoly

Multiple Choice

Which of the following is true of a pure monopoly?

A) A pure monopoly can raise the market price indefinitely.
B) A pure monopoly is typically more efficient than other firms in the market.
C) A pure monopoly faces a horizontal demand curve.
D) A pure monopoly restricts output below the competitive level.
E) A pure monopoly produces at the level where price equals marginal cost.