In maximizing profits (or minimizing loss), a single-price monopolist will charge a price that is greater than the marginal cost.
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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
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Answer:
[See Below]
Explanation:
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✦ Abstemious - Moderate in eating and drinking.
✦ Repose - State of rest.
✦ Omnivorous - Eating any kind of food.
✦ Disparate - Different.
✦ Redolent - Nice smelling.
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