Business
Business, 26.08.2019 23:20, scottcounts757

Amonopolist has a supply curve that is upward-sloping, just like a competitive firm. does not have a supply curve because the monopolist sets its price at the same time it chooses the quantity to supply. has a horizontal supply curve, just like a competitive firm. does not have a supply curve because marginal revenue exceeds the price it charges for its products.

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