161k views
5 votes
In order to sell more of its product, a monopolist must a. lower its price. b. enact barriers to entry in related markets. c. lobby the government for a subsidy. d. advertise.

User Sebdesign
by
4.7k points

1 Answer

5 votes
Monopolies must lower their price in order to sell more of their product, while competitive firms do not.
User Ris
by
5.2k points