For a monopolist with a downward-sloping demand curve,the quantity effect is MOST likely to dominate the price effect at:

A) low levels of production.
B) all levels of production.
C) high levels of production.
D) levels at which elasticity is unit-elastic.

Quantity Effect

The change in total revenue resulting from a unit change in quantity sold, while holding price constant.

Price Effect

Describes how changes in prices impact the quantity supplied and demanded in a market.

Downward-Sloping Demand

A market condition reflected in a demand curve where the quantity demanded of a good decreases as the price of that good increases, and vice versa.