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According to figure 7.1, in which market structure do firms have the greatest control over price?

According to figure 7.1, in which market structure do firms have the greatest control over price?
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According to figure 7.1, in which market structure do firms have the greatest control over price?

According to figure 7.1, in which market structure do firms have the greatest control-example-1
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User Khon Lieu
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1 Answer

3 votes
That would be a Monopoly.  They have the greatest control over prices, since they are the only one in business.
answered
User Kevin Muchwat
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