Economy, asked by hethika1809, 1 year ago

why monopoly slope downward

Answers

Answered by joelpaul
3
The monopolist's marginal revenue from each unit sold does not remain constant as in the case of the perfectly competitive firm. 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 themonopolist increases its output.
Answered by raghuu
0
u r telling about which monopoly..... ..... .. ...
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