which of the following are true about Monopoly (you may select more than one).
A. The monopoly produces the quantity where MR = MC.
B Price equals marginal revenue.
C© The monopoly produces more than would be produced in a competitive market.
D. The monopoly charges a price that is higher than the price that would be charged in a competitive market.
E. The monopoly faces the market demand curve.

Q&A Education