Consider the following statements comparing the classic model of monopoly to the basic model of perfect competition for the same economy (that is, aggregate demand and costs are the same in both models). Assume marginal costs are constant and there are no fixed costs. I. Monopolists charge a higher price than the competitive price. Il. Monopolists make a higher profit than perfectly competitive firms. Ill. Assume that the monopolist maximizes revenues instead of profits. Then, the quantity they choose is the same as the total quantity produced in the standard perfect competition model. O Statement (Ill) Is false, but statements (I) and (Il) are true. O All of the statements are correct. O Statement (II) Is false, but statements (I) and (Ill) are true. O Statement (0) is false, but statements (II) and (ill) are true. None of the statements Is correct