Why does a monopoly have no supply curve a supply curve, Ask an Expert

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Why does a monopoly have no supply curve?

A supply curve is a curve that shows the quantity supplied at dissimilar prices, as a monopoly sets the price and the quantity together; there is no combination of quantity supplied and price under a monopoly. The best we can say is that there is a 'supply point' that is set by the monopoly.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9574860

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