A monopolist A. does not have a supply curve because the monopolist sets its price at the same time it chooses the quantity to s
upply. B. has a supply curve that is upward-sloping, just like a competitive firm. C. does not have a supply curve because marginal revenue exceeds the price it charges for its products. D. has a horizontal supply curve, just like a competitive firm.
A monopolist does not have a supply curve because the monopolist sets its price at the same time it chooses the quantity to supply.
<u>Explanation:</u>
A monopolist is an self, association, or organization that regulates all of the markets for a distinct good or service. A monopoly firm has no outlined supply curve. Below monopoly, there is no so one-to-one accord among price and quantity provided.
A monopoly firm is a cost inventor, not a cost taker. This is because yield decision of a monopolist not only depends on marginal cost but also on the shape of the demand curve. As a result, variations in demand do not sketch out a range of prices and quantities as appears with a competitive supply curve.
The target of service provision are the customers. So service providers must ensure that their targets are obtaining maximum satisfaction from the quality of service they provide and one way of doing this is by asking feedback from customers