Does a monopolist take market price as given? Why or why not? Nhm la chn cu tr li No, a monopolist takes into account that its output decision can affect price, and its marginal revenue is not its price. Yes, a monopolist's marginal revenue is the given market price. Yes, a monopolist takes the market price as given because the monopolist faces potential competition from other firms, so the price charged must be competitive. No, because barriers to entry exist, a monopolist does not take the market price as given