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The Table Given Below Shows the Price, Marginal Revenue and Marginal

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The table given below shows the price, marginal revenue and marginal cost of a monopolist at different levels of the output. The firm does not incur a fixed cost of production.Table 11.4
The table given below shows the price, marginal revenue and marginal cost of a monopolist at different levels of the output. The firm does not incur a fixed cost of production.Table 11.4    -Why is there a supply point and not a supply curve for a monopolist? A) A monopolist cannot affect the market price by changing its supply. B) A monopolist produces a homogeneous product having similar substitutes. C) A monopolist equates the price which it charges with its marginal cost. D) There is only one quantity and price at which a monopolist operates. E) A monopolist supplies to a large number of consumers.
-Why is there a supply point and not a supply curve for a monopolist?


A) A monopolist cannot affect the market price by changing its supply.
B) A monopolist produces a homogeneous product having similar substitutes.
C) A monopolist equates the price which it charges with its marginal cost.
D) There is only one quantity and price at which a monopolist operates.
E) A monopolist supplies to a large number of consumers.

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