The demand curve for a monopoly is:
A) the MR curve above the AVC curve.
B) the MR curve above the horizontal axis.
C) the entire MR curve.
D) none of the above.

Question

Quizplus · Accepted Answer

The demand curve for a monopoly is not described by any of the options related to the Marginal Revenue (MR) curve. The demand curve for a monopoly is the market demand curve that the firm faces, which is not the same as the MR curve, AVC curve, or any portion of the MR curve specifically.

The Demand Curve for a Monopoly Is