____ 9. A simple monopolist that maximizes profits:

a.	Will charge a price equal to the marginal cost.
b.	Will charge a price where the elasticity of demand is greater than one because otherwise profits are negative.
c	Will charge a price where the elasticity of demand is greater than one because otherwise the marginal revenue is negative.
d.	Will charge a price where the elasticity of demand is lower than zero
e.	Will charge a price where the elasticity of demand is lower than one