Consider a Single-Price Monopolist That Is Operating in the Inelastic

Multiple Choice

Consider a single-price monopolist that is operating in the inelastic range of its linear demand curve.This firm

A) would be operating where its AR is negative.
B) would have a marginal revenue curve that is negative.
C) would have a marginal revenue that is negative although its total revenues would be at a maximum.
D) could raise its total revenue by lowering its price.
E) would be operating at its profit-maximizing position.