FIGURE 10- 4 Suppose a Monopolist Faces the Demand Curve

FIGURE 10- 4 Suppose a monopolist faces the demand curve and cost curves shown below.

-Monopolistic firms do not have supply curves because

A) monopolists face a given market price.
B) their marginal costs cannot be calculated.
C) monopolists get to choose their price- quantity combination along the demand curve.
D) their output is a fixed quantity.
E) they are not constrained by the marginal costs of production.