The individual firm's demand curve facing a monopoly is
A) also the market demand curve.
B) the summation of all perfectly competitive firms' demand curves.
C) nonexistent.
D) the marginal cost curve above minimum average variable cost.

Question

Quizplus · Accepted Answer

The individual firm's demand curve facing a monopoly is the same as the market demand curve because the monopoly is the only supplier in the market.

The Individual Firm's Demand Curve Facing a Monopoly Is