Average revenue, demand, and price are all depicted by the same curve for a monopoly.

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In a monopoly, the average revenue, demand, and price are all depicted by the same downward-sloping curve (i.e. the monopolist's demand curve). This is because the monopolist has the power to set the price for their product based on the quantity of goods that consumers demand. As the price increases, the quantity demanded typically decreases, resulting in a downward-sloping demand curve. The average revenue earned by the monopolist is simply the price charged per unit multiplied by the quantity sold, which is also represented by the same demand curve.

Average Revenue, Demand, and Price Are All Depicted by the Same