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The lack of competition within a monopoly means that

The lack of competition within a monopoly means that
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The lack of competition within a monopoly means that

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User Vladimir Korenev
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2 Answers

4 votes
The company could make the prices as high as they want. This is also means the company basically rules the business.
answered
User Rgomesf
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8.3k points
4 votes

monopolists set their own price.

answered
User SemperAmbroscus
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