The monopolist's supply curve
A)doesn't exist.
B)is the region of its marginal cost curve above average cost.
C)is identical to the demand curve.
D)is the region of its marginal cost curve that lies above the marginal revenue curve.

Question

Quizplus · Accepted Answer

A monopolist does not have a supply curve in the traditional sense because its output decision is based on the intersection of marginal cost and marginal revenue, not on the market price.

The Monopolist's Supply Curve