IN MONOPOLY MARKETS, MARKET DEMAND IS:

A. PERFECTLY INELASTIC WITH RESPECT TO PRICE

B. PERFECTLY ELASTIC WITH RESPECT TO PRICE

C. ELASTIC WITH RESPECT TO PRICE

D. INELASTIC WITH RESPECT TO PRICE

A. PERFECTLY INELASTIC WITH RESPECT TO PRICE

B. PERFECTLY ELASTIC WITH RESPECT TO PRICE

C. ELASTIC WITH RESPECT TO PRICE

D. INELASTIC WITH RESPECT TO PRICE