Which of the Following Best Explains Why There Is No

Multiple Choice

Which of the following best explains why there is no meaningful supply curve for a monopolist?

A) The monopolist is the only supplier.
B) Price is exogenous to the monopolist.
C) The monopolist is already maximizing profits; thus, it doesn't need a supply curve.
D) Price is endogenous. That is, the monopolist determines both quantity and price. Hence, there is no longer a unique association between price and quantity supplied.