Which of the following is NOT true about the demand curve faced by a monopolist?
A. The firm's demand curve is the same as the market demand curve.
B. The demand curve is downward sloping.
C. The demand curve is perfectly elastic.
D. The marginal revenue curve is below the market demand curve.
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Home » Business » Which of the following is NOT true about the demand curve faced by a monopolist? A. The firm's demand curve is the same as the market demand curve. B. The demand curve is downward sloping. C. The demand curve is perfectly elastic. D.