Business Studies, asked by mughalwasi99, 11 months ago

How monopoly arises? Single price monopoly, monopoly price setting strategies

Answers

Answered by Anonymous
8

Answer:

A monopolist faces a tradeoff between price and the quantity sold. To sell a larger quantity, the monopolist must set a lower price. A single-price monopoly is a firm that must sell each unit of its output for the same price to all its customers.

Similar questions