The Demand Curve Facing a Monopolist Is

question 19

Multiple Choice

The demand curve facing a monopolist is:

• A)vertical,the same as that facing a perfectly competitive firm.
• B)perfectly inelastic,the same as that facing a perfectly competitive firm.
• C)upward sloping,the same as that facing a perfectly competitive firm.
• D)downward sloping,like the industry demand curve in perfect competition.

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