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erastovalidia [21]
3 years ago
5

A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m

arket output. D. is a price taker.
Business
1 answer:
Ugo [173]3 years ago
6 0

Answer:

A. ​doesn't lose any sales when it raises its price

Explanation:

  • As monopoly is ruled by one set of prices and they are price makers thus even f the prices rise the price will be set above the marginal cost to maximize the profits. Thus a monopoly does not lose its market share as it acts as a single dominating factor in the supply and trade of the goods and services. And it stipulates the financial dealing through a single seller.
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