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In order to sell more of its product, a monopolist must a. lower its price. b. enact barriers to entry in related markets. c. lobby the government for a subsidy. d. advertise.

In order to sell more of its product, a monopolist must a. lower its price. b. enact barriers to entry in related markets. c. lobby the government for a subsidy. d. advertise.
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In order to sell more of its product, a monopolist must a. lower its price. b. enact barriers to entry in related markets. c. lobby the government for a subsidy. d. advertise.

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User Sebdesign
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Monopolies must lower their price in order to sell more of their product, while competitive firms do not.
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User Ris
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