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Because they can control product price, monopolists are always assured of profitable production by simply charging the highest price consumers will pay. True or False?
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Because they can control product price, monopolists are always assured of profitable production by simply charging the highest price consumers will pay.

True or False?

User Cosmin D
by
8.5k points

1 Answer

4 votes
I think it’s False


-TwoTime-
User Jacek Krysztofik
by
7.9k points
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