3. If the marginal cost of production of a good is a positively sloped function of the quantity supplied to the market and the price of the good is a negatively sloped function of the quantity demanded, a. In a competitive market, the equilibrium quantity supplied and de- manded will be the quantity at which marginal cost and price are equal. b. In a monopoly market, the prot maximizing quantity will always be the quantity at which marginal cost equals marginal revenue. c. In a monopoly market price there will always be a dead-weight loss com- pared to the result of a competitive market. d. All of the above e. None of the above