-Suppose the Grocery Store Market in Brisbane Is Perfectly Competitive

-Suppose the grocery store market in Brisbane is perfectly competitive. Then one store buys all the others and becomes a single-price monopoly. The figure above shows the relevant demand and cost curves. When the market is perfectly competitive, the quantity of steak is ________ kilograms, and when the market is a monopoly, the quantity of steak is ________ kilograms.

A) 3,000; 2,000
B) 5,000; 3,000
C) 4,000; 4,000
D) 4,000; less than 2,000 kilograms.
E) 2,000; 4,000