For the Monopolistic Competitor, Which Is INCORRECT

For the monopolistic competitor, which is INCORRECT?

A) Because the firm has some control over price, its demand curve slopes downward.
B) The marginal revenue curve is downward sloping and lies below the demand curve.
C) The profit maximizing rate of output is where the marginal cost curve intersects the marginal revenue curve.
D) If the firm in a monopolistically competitive industry were making economic losses, firms would enter the industry.