Use the Table Below to Answer the Following Question

Multiple Choice

Use the table below to answer the following question.
Table 13.2.1

-Refer to Table 13.2.1. Minnie's Mineral Springs, a single-price monopoly, faces the market demand schedule given in the table. Minnie will not produce a quantity at which the market demand for water is inelastic because when demand is inelastic she can ________ the quantity produced, which ________.

A) increase; increases total revenue, decreases total cost, and increases economic profit
B) increase; increases total revenue and increases total cost, but the increase in total cost is less than the increase in total revenue
C) decrease; increases total revenue, decreases total cost, and increases economic profit
D) decrease; decreases total revenue and decreases total cost, but the decrease in total cost is less than the decrease in total revenue
E) decrease; increases total revenue, does not change total cost, and increases economic profit