The slope of the demand curve for a monopoly firm is
A. horizontal, parallel to the x-axis
B. vertical, parallel to the y-axis
C. upward sloping
D. downward sloping
Answer:D
The slope of the demand curve for a monopoly firm is
A. horizontal, parallel to the x-axis B. vertical, parallel to the y-axis C. upward sloping D. downward sloping
Explanation: 28. For a monopolistic firm, the demand for its product is