When comparing the demand curve for a perfectly competitive firm to the demand curve of a monopolist, the monopolist's demand curve would be more ______.

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When comparing the demand curve for a perfectly competitive firm to the demand curve of a monopolist, the monopolist's demand curve would be more inelastic.

A monopolist refers to a man or woman, group, or corporation that dominates and controls the marketplace for a selected right or carrier. With this lack of competition manner, the monopolist wields enough power within the market to fee high expenses.

The government provides public services like the railways. consequently, they may be a monopolist due to the fact new companions or privately held groups aren't allowed to run railways.

If anyone is attempting to have complete control of something, particularly a place of commercial enterprise in order that others don't have any proportion is referred to as monopolist behavior.

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