Which of the Following Is True Regarding Price-Level Policies

Multiple Choice

Which of the following is true regarding price-level policies?

A) Meeting competition is the only sensible policy in monopolistic competition.
B) In an oligopoly situation,pricing "above the market" usually leads to an increase in profit.
C) A firm in pure competition may increase profit by pricing "below the market."
D) Charging a lower price than seeming competitors may not mean that a firm is selling "below the market."
E) None of these answers is correct.