A monopolist does not have a supply curve because the firm's decision about how much to supply is impossible to separate from the demand curve it faces.

Question

Quizplus · Accepted Answer

A monopolist sets the price based on the demand curve, meaning its supply decision is directly tied to the demand it faces, not independent of it as in competitive markets. Therefore, a traditional supply curve, which is independent of demand, does not exist for monopolists.

A Monopolist Does Not Have a Supply Curve Because the Firm's