Answer: d.None of the above - the price elasticity does not matter
Step-by-step explanation:
The profit maximizing of a monopolist has little do with individual consumer responsiveness, but with the overall market. We know that profit is maximized on the interaction where the Marginal Cost that is the incremental cost is equal to the Marginal Revenue that is the incremental revenue, on the demand curve it has a positive intersect in the elastic region , this helps to achieve a higher price than on the inelastic region, with less output (less production costs), this result in a greater profit for the monopolist.