Q. A monopoly is a ________, therefore the demand curve it faces is ________ (Solved)
1. price taker, downward-sloping
2. price taker, horizontal
3. price setter, downward-sloping
4. price setter, horizontal
- c. price setter, downward-sloping
1. price taker, downward-sloping
2. price taker, horizontal
3. price setter, downward-sloping
4. price setter, horizontal