If a monopolist produces 100 units of output at a market price of $5 per unit with marginal revenue per unit equaling $4, we would expect that if the monopolist's good were provided under pure competition, quantity would be:
A. lower than 100 units, price would be greater than $5, and MR = price.
B. higher than 100 units, price would be lower than $5, and MR = price.
C. lower than 100 units, price would be lower than $5, and MR = price.
D. higher than 100 units, price would be greater than $5, and MR = price.
Answer: B
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