What is the monopolist’s supply curve?
A
Option A: Does not exist
B
Option B: Is the upward-sloping portion of the average variable cost curve
C
Option C: Is the marginal cost curve above average variable cost
D
Option D: Is the marginal cost curve above average total cost
E
Option E: Is the upward-sloping portion of the average total cost curve
Correct answer A. Does not exist
Explanation
A monopolist chooses both price and quantity using its demand curve, so there is no fixed one-to-one relationship between price and quantity supplied as a supply curve requires.
Answer checked 11 October 2026 · How we write and check questions
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