Which of the following statement is true / » Fundamentals of Economics and Management solved MCQs / By admin Question: Which of the following statement is true A. Monopolist are price takers B. Monopoly firm earn abnormal profits C. A Monopoly firm faces straight demand line D. Supply curve of a monopoly firm is positive sloped Answer» a. Monopolist are price takers Note: The above multiple-choice question is for all general and Competitive Exams in India.