The Figure Given Below Shows the Aggregate Demand and Supply

Multiple Choice

The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7

-Which of the following statements is true?

A) ​A firm that has monopoly power is a price maker.
B) ​A firm that has monopoly power is a price taker.
C) ​A firm that has monopoly power earns exorbitant profits.
D) ​A firm that has monopoly power has a perfectly elastic demand curve.
E) ​A firm that has monopoly power has a perfectly inelastic demand curve.