14. When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is

A) more than the level produced by a monopoly and less than the level produced by a competitive market.

B) less than the level produced by a monopoly, and more than the level produced by a competitive market.

C) less than the level produce by either monopoly or a competitive market.

D) more than the level produced by either monopoly or a competitive market.