Economy, asked by akashjha3877, 1 year ago

can a monopolist can sell any quantity he likes at a price ???/

Answers

Answered by AshMur

He is a monopolist. He has a complete market share in a particular business. As long as competition does not come up, he can set a reasonable price for his product. As far as selling any quantity is concerned, it all depends on demand for that particular product.

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