For a monopolist the firmspecific demand curve is the same a

For a monopolist, the firm-specific demand curve is the same as the _ demand curve

Solution

For a monopolist, the firm-specific demand curve is the same as the Market demand curve.

Because the firm specific demand curve shows relationship between the price charged by firm and the quantity the firm can sell. A monopoly frim in a competitive market can sell any quantity at the prevailing market price. Hence the demand curve faced by a monopoly is the market demand.