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Which of the following is true of a monopoly's supply curve?

A

The supply curve is upsloping because costs increase as output increases.

B

The supply curve is downsloping because costs decrease when output increases.

C

The supply curve is horizontal because its costs remain the same regardless of how much is produced.

D

The supply curve is vertical because its costs remain the same regardless of how much is produced.

E

There is no monopoly supply curve.

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