How does the monopoly's demand curve affect its pricing strategy?

• A. The monopoly must lower prices to increase sales, as it faces the entire market demand curve.
• B. The monopoly's demand curve is perfectly elastic, allowing for constant pricing.
• C. The monopoly's demand curve is upward sloping, leading to higher prices with increased output.
• D. The monopoly can set any price without affecting demand.

Answer: (A)