The monopolist has no supply curve because the quantity supplied at any particular price depends on the monopolist's demand curve. there is a single seller in the market. the monopolist's marginal cost curve changes considerably over time. the relationship between price and quantity depends on both marginal cost and average cost. although there is only a single seller at the current price, it is impossible to know how many sellers would be in the market at higher prices.

The correct answer is option A.

Explanation:

In a monopoly market, the firm is price maker. The firm decides the price it will charge. There is no unique relation between the price charged by the monopolist. The monopoly firm decides it quantity and price at the same time.

The monopolist faces a downward sloping demand curve, which means more is demanded at lower price. The quantity supplied by the monopoly firm at different price levels depends on the elasticity of the demand curve.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

i would say a penny hope it you