kynadi4573 kynadi4573

19-12-2018
Business

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Suppose the monopolist is thinking about charging men a 10% higher price. if the monopolist does so, the quantity demanded by men would fall by

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textingmuggleoy5441 textingmuggleoy5441

25-12-2018

It would not fall at all. Monopolists own the entire industry meaning the consumers have no alternatives. If they have no alternative they have no choice but to buy even if the price increases

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