1. As the single-price discriminating monopolist goes from selling 0 units to 1 unit, the monopoly will

A) lose money.
B) have TR > TC.
C) some times lose money; some times not.
D) some times gain money; some times not.
E) break even.

2. Respectively, if ATC is inside the D curve compared to being outside the D curve, then the single-price discriminating monopoly

A) is earning an economic profit compared to an economic loss.
B) has economic profit > 0 compared to economic profit < 0.
C) is operating where TR > TC compared to TC > TR.
D) has a P above ATC compared to a P below ATC.
E) all of the above answers are correct.

3. A single-price discriminating monopoly maximizes profit where

A) the P is equal to MR = MC.
B) P > ATC by the greatest amount.
C) per-unit profit is the greatest.
D) the quantity produced is where MR = MC.
E) all of the above are correct answers.