Suppose That Carol Owns a Property with a Mineral Spring

Multiple Choice

Suppose that Carol owns a property with a mineral spring.It costs zero for Carol to sell water to customers since buyers come to her property and bring their own bottles and fill them themselves.If Carol wants to maximize her profits from the sale of her mineral water, she should choose the output level

A) where the demand curve for water hits the vertical axis.
B) where demand is inelastic.
C) where demand is unit elastic.
D) demand is exhausted.