Which of the Following Is True About the Demand Curve

Multiple Choice

Which of the following is true about the demand curve for a monopolistically competitive firm?​

A) ​It is less elastic (steeper) than for monopoly, but more elastic (flatter) than for a perfectly competitive firm.
B) ​It is less elastic (steeper) than the demand curve for either a monopoly firm or a perfectly competitive firm.
C) ​It is more elastic (flatter) than the demand curves for either a monopoly firm or a perfectly competitive firm.
D) ​It is less elastic (steeper) than for a perfectly competitive firm, but more elastic (flatter) than for a monopoly firm.