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Answer to Question #75850 in Economics of Enterprise for Akhona Boyce
Question #75850
1.8 Which one of the following is NOT true of a monopolist? (a) A monopolist is protected from competition, (b) A monopolist can earn economic profit, (c) A monopolist is a price maker, (d) A monopolist can sell as much as he/she wants to at any price
Expert's answer
(d) A monopolist can sell as much as he/she wants to at any price
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