Economy, asked by sasmitasascom, 2 months ago

for Monopoly, what do we consider
the demand curve.​

Answers

Answered by Anonymous
3

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.

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