What- is the main objective of monopolist?
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please mark it as brainliest answer
Explanation:
A monopolist can preserve excess profits because barriers to entry prevent competitors from entering the market. Profit maximization: A PC company maximizes profits by producing such that price equals marginal costs. A monopoly maximises profits by producing where marginal revenue equals marginal costs
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The monopoly decides price of the good or
product being sold. The price is set by determining the quantity in order to demand price desired by the firm.
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