Final answer:
The correct name for the compound NP is nitrogen phosphide, since it is made of one nitrogen and one phosphorus atom and does not require prefixes for the elements.
Step-by-step explanation:
The name for the compound NP is nitrogen phosphide. When naming binary compounds of two nonmetals, the prefix is used only if there is more than one atom of that element in the compound. Since there is one nitrogen atom and one phosphorus atom in this compound, we do not use the mon- prefix for nitrogen. However, we do change the ending of phosphorus to -ide, resulting in phosphide. Therefore, the correct name is nitrogen phosphide, not nitrogen monophosphide (there's no need for the mono- prefix since each element is present only once), nitrogen phosphate (which suggests a different compound with oxygen), or mononitrogen monophosphide (which is redundant since both elements are in a one-to-one ratio).