Faced with a Decrease in the Demand for Its Product,a

Multiple Choice

Faced with a decrease in the demand for its product,a monopolist will lower prices and maintain output at its previous level if

A) the gain in profit is less than the increase in real wages paid.
B) the gain in profit is less than the decrease in real wages paid.
C) the gain in profit is less than the menu costs.
D) the gain in profit is greater than the increase in menu costs.