The demand curve for a monopolist is:
A) the demand curve for the industry.
B) less than the market demand curve.
C) below the marginal revenue curve.
D) nonexistent.
E) the sum of the demand curves of the perfectly competitive firms in the industry.

Question

Quizplus · Accepted Answer

A monopolist is the sole producer in the market, so its demand curve is the same as the market demand curve for the industry.

The Demand Curve for a Monopolist Is