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Q1 Explain the demand curve facing a monopolist. How does it differ from the demand curve under perfectly competitive market. Q2 Describe the relationship between

Q1 Explain the demand curve facing a monopolist. How does it differ from the demand curve under perfectly competitive market.

Q2 Describe the relationship between the Average Revenue Curve and Marginal Revenue Curve Under Monopoly. Describe the profit maximizing rule under a monopoly.

Q3 What is a natural monopoly? How it may be regulated?

Q4 Describe Monopolistic Competition, and compare it with an oligopolistic Competition

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