Why does a monopoly have no supply curve, Microeconomics

Assignment Help:

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. 

 


Related Discussions:- Why does a monopoly have no supply curve

The great depression, How did fixed exchange rates and the Golden Standard ...

How did fixed exchange rates and the Golden Standard affect the U.S. economy as well as other countries.

Demand curve for a consumer for coffee, Suppose the demand curve for a cons...

Suppose the demand curve for a consumer for coffee is: Q = 6 – 2P, where Q represents the number of cups per day and P is the price of coffee per cup.   Question: Suppose the

Define the term supply, Demand is defined as a schedule of the quantities f...

Demand is defined as a schedule of the quantities fo good that will be purchased at various prices similarly the supply refers to the schedule of the quantities of a good that will

Limitations of the services sector, Limitations of the Services Sector: ...

Limitations of the Services Sector: The services sector in India, as at present, suffers from low productivity and low quality in spite of fairly large investment in technolog

5 theories of microeconomics, evaluate each in term of strength and weaknes...

evaluate each in term of strength and weakness relative to their applicability to asian economy situation or reality ,2. philippines economy situation or reality

What is derived demand, The demand for every productive resources is a deri...

The demand for every productive resources is a derived demand.  By derived demand it is meant that it is the output of the resource and not the resource itself for which is a deman

Behavioural economics, An economics branch which keep concentrate on illumi...

An economics branch which keep concentrate on illumination the economic decisions people make in practice, particularly when these conflict with what conventional economic theory p

Reducing risk, Reducing Risk Three methods consumers attempt to reduce ...

Reducing Risk Three methods consumers attempt to reduce the risk are:  1) Diversification  2) Insurance  3) Collecting more information

Population information, What population information is needed by local auth...

What population information is needed by local authorities to provide the right number of primary and secondary school places? How would such information affect the plans of the lo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd