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Total control, as there is no competition the monopoly vendor can ask any price they wish. That is why monopolies are bad for society and Governments have to intervene in the capitalistic market.

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Wiki User

8y ago
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Eden Kelly

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2y ago
Thanks cool
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Wiki User

13y ago

None. Firms are price-takers in a perfectly competitive market.

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Eden Kelly

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2y ago

[object Object]

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Elenor Tillman

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2y ago
Im not sure this is correct

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Q: How much control does monopolist have over pricing?
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