When a profit-maximizing company faces a more elastic demand curve for its product,

a. it is less likely to require financial hedges of exchange rate exposure.

b. it is more likely to raise the price on its products when production cost increases.

c. it is more likely to require operational hedges of exchange rate exposure.

d. it is more likely to have invested a substantial amount in R&D in the past.

e. none of the above is true.