Economy, asked by srishtiswarnim28, 10 months ago

explain in 250 words that why a monopolist does not have
a well defined supply curve​

Answers

Answered by shorya5744
13

Answer:

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Answered by sehaj15289
8

Helo mate here your ans

For a competitive firm: Price = Marginal Revenue = Average Revenue = Demand = Marginal Cost. ... There is no unique correspondence between price and quantity for sale. So, monopolist will not have a supply curve. In other words, there is no unique supply curve, instead many supply curves.

Hope this ans help you...

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