The demand curve facing a monopolist is:

A) downward sloping.
B) vertical.
C) horizontal.
D) upward sloping.

Downward Sloping

A descriptive term for a graph line that shows a decrease in value as it moves from left to right, often used in economics to describe demand curves.

Demand Curve

A graph showing the relationship between the quantity of a commodity demanded and its price.

Monopolist

An entity that is the sole provider of a particular product or service in a market, thereby controlling its price.