Firms X and firm Y are maximizing profits. At their respective profit-maximizing price, Firm X's own-price elasticity is -2 and Firm Y's own-price elasticity is -3. Which statement is correct?

Group of answer choices

Everything else held constant, if firm Y increases its price it will lead to an increase in its revenue

Firm X is a price taker

Firm Y can charge a higher markup than firm X

Firm X's consumers are more price sensitive than firm Y's consumers

The share of markup in the optimal price (Lerner Index) for firm X is equal to 50%