Monopolistic firms do not have supply curves because
A) monopolists get to choose their price-quantity combination along the demand curve.
B) monopolists face a given market price.
C) their marginal costs cannot be calculated.
D) they are not constrained by the marginal costs of production.
E) their output is a fixed quantity.
Ans: A) monopolists get to choose their price-quantity combination along the demand curve.
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