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Nostrana [21]
2 years ago
10

A single-price monopolist is a monopolist that sells each unit of its output for the same price to all its customers. In maximiz

ing profits (or minimizing loss), a single-price monopolist will charge a price that is
SAT
1 answer:
topjm [15]2 years ago
6 0

In maximizing profits (or minimizing loss), a single-price monopolist will charge a price that is greater than the marginal cost.

<h3>Who is a monopolist?</h3>

A monopolist is usually a term used to refer to a business entity that solely controls the market of a certain product or service without any competitor. In the case of a single-price monopolist, if they charge a price that is greater than marginal cost is the most viable option to maximize profit.

You can learn more about a monopolist here brainly.com/question/13113415

#SPJ1

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Explanation:

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