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SpyIntel [72]
2 years ago
7

At the profit-maximizing level of output, a monopolist will always operate where:

Business
1 answer:
atroni [7]2 years ago
3 0
At the profit-maximizing level of output, a monopolist will always operate where: <span>Price is greater than marginal cost

a company that obtains a monopoly within a market will have no competition that disturbs their market share of potential customers, therefore they technically could fully determine the most acceptable price for that specific market.</span>
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