You're correct in one technical sense and wrong in another. (Either way, a good discussion.)
In a competitive market, price and quantity are set by the marginal incremental cost (MIC) and average total cost (components of the supply curve) and the demand curve.
Monopolists, however, ignore the demand curve. Their quantity produced is entirely set by MIC and marginal incremental revenue (MIR) [1]. In a very real sense, the market is no longer about supply and demand--it's about the producer's costs and revenue. (Your technical win is in the MIR being related to the demand curve.)
[1] https://en.wikipedia.org/wiki/Monopoly_price#/media/File:Mon...