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to reduce the quantity sold so as to reduce production costs. to take advantage of customers. to increase profits. to increase total economic surplus.
Monopoly has no supply curve because the monopolist does not take price as given, but set both price and quantity from the demand curve.
the price at which the profit is maximized
monopoly power
Seb is a LAD
When you have a monopoly, you are allowed to add houses and hotels to your property increasing the rental amount when someone lands on it.
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mw3
to reduce the quantity sold so as to reduce production costs. to take advantage of customers. to increase profits. to increase total economic surplus.
monopoly
Boardwalk is the highest property and it is $400 in the original United States Monopoly.
Monopoly has no supply curve because the monopolist does not take price as given, but set both price and quantity from the demand curve.
340
the price at which the profit is maximized
monopoly power
Seb is a LAD
a monopoly by levying high taxes on imports