Chlover9564 Chlover9564
  • 03-12-2017
  • Business
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What is the relationship between a​ monopolist's demand curve and the market demand​ curve?

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Kalahira
Kalahira Kalahira
  • 15-12-2017
For a monopolist, both marginal revenue and demand are downward-sloping curves. Marginal revenue will always be less than demand for a given quantity. This is because a monopolist's demand curve is the same as its average revenue curve, and for a monopolist, both average and marginal revenue will decrease as quantity increases.
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