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lesantik [10]
2 years ago
5

The demand curve for a monopolist differs from the demand curve faced by a competitive firm because the demand curve for: A. a m

onopolist lies below its marginal revenue curve. B. a monopolist is the market demand curve. C. a competitive firm is inelastic. D. a competitive firm lies above its marginal revenue curve.
Business
1 answer:
umka2103 [35]2 years ago
5 0

Answer:

B. a monopolist is the market demand curve

Explanation:

As we know that the under monopoly market the firm and the industry are similar to each other also the monopolist determined the price due to this he is a price taker and price maker and the curve of the demand would be downward that shifted from left to right

Therefore in the given situation, the option B is correct

And the rest of the options are wrong

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