The monopolist is ______. a) an imperfect competitor and has a horizontal demand curve b) an imperfect
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The monopolist is ______.
a) an imperfect competitor and has a horizontal demand curve
b) an imperfect competitor and has a downwardsloping demand curve
c) a perfect competitor and has a horizontal demand curve
d) a perfect competitor and has a downward-sloping demand curve.
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The correct answer is b an imperfect competitor and has a downwardsloping demand curve Heres why Mon...View the full answer
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