The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the demand is perfectly inelastic. downward sloping. undefined because it is the only supplier in the market.
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Home » Business » The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the demand is perfectly inelastic. downward sloping. undefined because it is the only supplier in the market.