Why are both industry and firm demand curves downward sloping in monopoly markets?

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Managerial Economics

ISBN: 978-0324588866

12th edition

Authors: Mark Hirschey

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Question Posted: Feb 13, 2015 09:53 AM

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Why are both industry and firm demand curves downward sloping in monopoly markets?

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In monopoly the firm is the industry Thus firm and industry demand and supply curves are identica...View the full answer

Managerial Economics

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