3 ms·

Not in a monopolistic environment, which due to Skype's strong network effect it may effectively be. The concept of a demand curve depends on multiple suppliers

by qq66 16y ago

Not in a monopolistic environment, which due to Skype's strong network effect it may effectively be. The concept of a demand curve depends on multiple suppliers with different reservation prices.

philwelch 16y ago
No, there's still a demand curve. A monopoly has the power to set a vertical supply curve wherever they want (i.e. at the profit maximizing point) but the demand curve is still simply the demand curve.
- qq66 16y ago
  Yes sorry, meant supply curve.