The imperfectly competitive firms, monopoly, monopolistic competition and oligopoly, all have downward sloping demand curves. However, the oligopoly has a unique demand curve. What is unique about it? Provide an explanation of all of the parts of the demand curve. How does the marginal revenue curve relate to the demand curve? Provide a graph that shows all parts of the demand curve, the marginal revenue curve, and the marginal cost curve.
