Question $8(1$ point$)$

Here's a market where a single firm sells widgets. Which statement about this market is true?

A single price monopolist will sell the product for $\backslash (\backslash$$ $7\backslash )$ each

The allocatively efficient level of production in this market is $6$ units

A single price monopolist will produce $5$ units and there will be a deadweight loss of $\backslash$$$7$

A perfect price discriminating monopolist will produce $8$ units and create a deadweight loss of $\backslash$$$7$

A single price monopolist will sell the product for $\backslash (\backslash$$ $3\backslash )$ each and there will be a deadweight loss of $\backslash (\backslash$$ $3\mathrm{.}50\backslash )$

This market lacks significant barriers to entry