Question

Demand curve of a monopolist is ???​

Answer 1

Answer:

A monopoly, unlike a perfectly competitive firm, has the market all to itself and faces the downward-sloping market demand curve. Graphically, one can find a monopoly's price, output, and profit by examining the demand, marginal cost, and marginal revenue curves.

Answer 2

Explanation:

The monopolist faces the downward‐sloping market demand curve, so the price that the monopolist can get for each additional unit of output must fall as the monopolist increases its output. ... This new lower price reduces the total revenue that the monopolist receives from the first N units sold.