Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Producer Behaviour and Supply › What is said about a supply curve for a monopoly?
What is said about a supply curve for a monopoly?
AIt is horizontal
BNo such curve exists
CIt is vertical
DIt equals demand
Answer & Solution
Correct answer: B. No such curve exists
A monopolist chooses price and quantity together, so no unique quantity maps to each price.
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