Question 56 (1 point) Suppose a single price monopolist with positive marginal costs is operating in a market with a linear demand curve. Which of the following COULD be the value for own-price elasticity of demand, at the monopolist's profit maximizing price? 1. 4.3 2. 0.9 3. 1.0 1, 2, and 3. 2 and 3 only. 1 only. There is insufficient information to determine whether any of 1, 2, or 3 could be the value for own-price elasticity of demand