FIGURE 10- 4 Suppose a Monopolist Faces the Demand Curve

FIGURE 10- 4 Suppose a monopolist faces the demand curve and cost curves shown below.

-Refer to Figure 10- 4.Suppose this firm experiences an increase in the demand for its product.In the short run,this profit- maximizing monopolist will

A) lower price and increase output.
B) increase price and output.
C) neither raise price nor change output.
D) increase price and produce the same output.
E) increase price and reduce output.