Answer:
B. Increase price and Reduce output
Explanation:
Since the monopolist is making losses, the best decision to overturn that loss is for the monopolist to increase price and reduce output. A monopolist controls all the market for a particular goods or services, therefore, he can decide to reduce the number of output of that particular product which in turn makes demand become larger than the supply. By doing so it will lead to a shortage that the monopolist can then take advantage on by increasing the price of the available goods or services.
