a profit-maximizing monopolist (click to select) produces on an inelastic portion of the demand curve because they cana. raise the price and increase profit by moving to the elastic portion of the demand curve. b.raise the price and increase profit by moving to the inelastic portion of the demand curve. c.lower the price and increase profit by moving to the elastic portion of the demand curve.d. lower the price and increase profit by moving to the inelastic portion of the demand curve. would a revenue-maximizing monopolist never produce on the inelastic portion of the demand curve? a. no. they would produce where elasticity is greater than one.b. yes, they would produce where elasticity is less than one on the inelastic portion of the demand curve.c. no, they would produce where elasticity is one.d. yes, they would produce where elasticity is greater than one on the inelastic portion of the demand curve.