kynadi4573 kynadi4573
  • 19-12-2018
  • Business
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Suppose the monopolist is thinking about charging men a 10% higher price. if the monopolist does so, the quantity demanded by men would fall by

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textingmuggleoy5441
textingmuggleoy5441 textingmuggleoy5441
  • 25-12-2018
It would not fall at all. Monopolists own the entire industry meaning the consumers have no alternatives. If they have no alternative they have no choice but to buy even if the price increases
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