The Demand Curve a Monopolist Faces Is _____

question 62

Multiple Choice

The demand curve a monopolist faces is _____

• A)the same as the demand curve facing a perfectly competitive firm.
• B)positively sloped, as it produces a highly differentiated product.
• C)vertical, as there are no close substitutes for its product.
• D)the same as the market demand curve.
• E)perfectly price inelastic.

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Definitions:

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