QUESTION 1 For each of the following, state the effect of monopoly on the equilibrium market outcome compared with pe 1. increases 2. decreases 3. remains constant QUESTION 2 2. Quantity of output 1. increases 2. decreases 3. remains constant QUESTION 3 3. MC at the equilibrium output O I. increases 2. decreases 3. remains constant QUESTION 4 4 MU at the equilibrium output 1. Increases @ 2. decreases 3. remains constant OUESTION 5 5. Producet supus oreases 2 decreases rentains sontant QUESTION 1 For each of the following, state the effect of monopoly on the equilibrium market outcome compared with pe 1. increases 2. decreases 3. remains constant QUESTION 2 2. Quantity of output 1. increases 2. decreases 3. remains constant QUESTION 3 3. MC at the equilibrium output O I. increases 2. decreases 3. remains constant QUESTION 4 4 MU at the equilibrium output 1. Increases @ 2. decreases 3. remains constant OUESTION 5 5. Producet supus oreases 2 decreases rentains sontant