We know that because a monopolist controls the market for a good or service, they get more say in how much they want to produce and what price to sell it at. In this section, you’ll see how they make those decisions.
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- Introduction to Profit and Losses in Monopolies. Authored by: Steven Greenlaw and Lumen Learning. License: CC BY: Attribution
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- Money!. Authored by: Thomas Galvez. Provided by: flickr. Located at: https://www.flickr.com/photos/togawanderings/5899676716/. License: CC BY: Attribution