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24 January, 22:26

A monopolist is able to maximize its profits by

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  1. 24 January, 23:32
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    A monopolist is able to maximize profits by making the marginal revenue equals to marginal cost and making the price and quantity that intersects with the demand. In this theory, the business will earn maximum profits. Monopolist is a group of company where in it controls a specific product or services.
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