Economy, asked by TbiaSamishta, 1 year ago

Give reason "A monopolist can control the supply of goods".

Answers

Answered by Secondman
0

A monopolist is an individual, gathering or organization that controls the majority of the market for a specific decent or benefit.

He most likely has faith in approaches that support imposing business models since it gives them more prominent power.

He has minimal motivation to enhance their item since clients have no choices.

Due to reason such as absence of monetary challenge to create the great  administration, an absence of feasible substitute merchandise, and the likelihood of a high syndication value well over the vender's negligible cost that prompts intemperate benefit ""A monopolist can control the supply of goods"".

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