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Marianna [84]
3 years ago
11

A producer in a monopoly will charge______price for jeans than a jeans producer in a competitive market

History
1 answer:
larisa [96]3 years ago
8 0
Higher; in a monopoly the producer can charge whatever it wants because that's the consumer's only source of that product. In a competitive market, it has to lower its price to outsell its competitors.
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