A monopolist does not have a typical supply curve because

A monopolist does not have a typical supply curve because



a. numerous demand curves could have identical marginal revenue at a given point on a monopolist's marginal cost curve.
b. a monopolist is not a price taker.
c. there is no unique correspondence between price and revenue when the market demand curve shifts.
d.of all the above.

Answer: d.of all the above.


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