Why is demand curve facing a monopolist market demand curve, Microeconomics

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Why is demand curve facing a monopolist market demand curve

Problem

1. Why is the demand curve facing a monopolist the market demand curve?

2. The marginal revenue for a perfectly competitive firm is equal to the market price. Why is the marginal revenue for a monopolist less than the market price for positive quantities of output?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why is demand curve facing a monopolist market demand curve

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