One feature of pure monopoly is that the demand curve
A)is vertical.
B)is horizontal.
C)slopes upward.
D)slopes downward.

Name: One feature of pure monopoly is that the demand curve A)is vertical. B)is horizontal. C)slopes upward. D)slopes downward.
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Question

Quizplus · Accepted Answer

In a pure monopoly, the demand curve slopes downward, indicating that the monopolist can sell more units only by lowering the price. This reflects the law of demand.

One Feature of Pure Monopoly Is That the Demand Curve