The monopolist's demand curve is:
A)non-existent
B)perfectly elastic
C)unit-elastic
D)perfectly inelastic
E)identical to the market demand curve

Name: The monopolist's demand curve is: A)non-existent B)perfectly elastic C)unit-elastic D)perfectly inelastic E)identical to the market demand curve
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Question

Quizplus · Accepted Answer

A monopolist's demand curve is identical to the market demand curve because the monopolist is the sole supplier in the market, meaning the demand for the product is the demand for the monopolist's product.

The Monopolist's Demand Curve Is