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Leya [2.2K]
3 years ago
12

Why do you think a monopolist is called a price maker

Social Studies
1 answer:
olga nikolaevna [1]3 years ago
3 0

Answer: simply because the absence of competition from other firms frees the monopoly firm from having to adjust the prices it charges downward in response to the competition. ... Absent that competitive atmosphere, a sole provider can set the price he or she wants

Explanation:

add me as the brainliest

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