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    Exam 11: Monopoly
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    A Monopolist's Supply Curve
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A Monopolist's Supply Curve

Question 39

Question 39

Multiple Choice

A monopolist's supply curve


A) is the upward-sloping portion of its marginal cost curve
B) is the portion of its marginal cost curve above AVC
C) is parallel to its long run ATC curve
D) does not exist because quantity supplied depends on the market demand curve
E) is derived from the average variable cost curve

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