Mc ATC /\\e Demand 31. The above graph indicates the cost and demand conditions of a pure monopoly. Which of the following is true? () From the viewpoint of economic efficiency [maximum competition), the output implied by point A is the best, but a profit maximizing monopolist would choose the output associated with D () From the viewpoint of economic efficiency [maximum competition), the output implied by point D is the best. but a profit maximizing monopolist would choose the output associated with B O From the viewpoint of economic efficiency (maximum competition), the autput implied by point D is the best. but a profit maximizing monopolist would choose the output associated with A O From the viewpoint of economic efficiency (maximum competition), the output implied by point C is the best. bul a profit maximizing monopolist would choose the output associated with A O From the viewpoint of economic efficiency (maximum competition), the output implied by point B is the best, but a profit maximizing monopolist would