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Author Question: Monopolists can charge prices without limitations as there is no competition for the product or ... (Read 68 times)

fbq8i

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Question 1

In markets with little or no competition, the key factor affecting price is the cost of production to the company.
◦ true
◦ false

Question 2

Monopolists can charge prices without limitations as there is no competition for the product or service the monopolist provides.
◦ true
◦ false


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Marked as best answer by fbq8i on Mar 6, 2021

ilianabrrr

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fbq8i

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Reply 2 on: Mar 6, 2021
:D TYSM


Laurenleakan

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Reply 3 on: Yesterday
Excellent

 

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