asked 75.9k views
4 votes
A monopolist's goal is to _____.
lose money
just cover costs
maximize profits

1 Answer

3 votes
A monopolist's goal is to "maximize profits." The existence of shows when a person or an enterprise is the only source of the particular services, goods, or commodity. They are the only ones who has the capacity to sell that one, like for example power (electricity), telephone lines, etc.
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User Lefterav
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