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If a company has monopoly power in a market, it means the company can do all of the following without fear of competition EXCEPT: A. reduce output B. raise prices C. create new products D. limit consumer choice

Sagot :

If a company has monopoly power in a market, it means the company can do all of the following without fear of competition except C. create new products. Monopolies are only effective with a certain product.

The answer is in fact C or create new products