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Business, 12.12.2019 02:31 DeathFightervx

Page(s) 313-316 10.2. how much do monopolies charge, and how much do they produce? monopolists are price makers. why is this not the case for firms in a competitive market? correct answer(s) drag appropriate answer(s) here price controls prevent firms in a competitive market from pricing their products as they think best. even if one or more of their competitors goes out of business, other competitors will appear. other sellers sell products that are similar if not identical. their product only makes up a small portion of the market’s total product. incorrect answer(s) drag appropriate answer(s) here

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