indiaholmes16
indiaholmes16
22.08.2019 • 
Business

Because the demand curve for a monopolist is downward sloping: there is no limit on the monopolist’s ability to make a profit. the monopolist can sell its product at any price it wants. the monopolist can sell as many units of its product as it wants. the monopolist is a price-taker. the monopolist has many price-output combinations.

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