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

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26-03-2015
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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

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HistoryGuy HistoryGuy · Answer 1 · 2015-04-19T08:57:26-04:00

HistoryGuy HistoryGuy

19-04-2015

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.

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minergeek804ozki1y minergeek804ozki1y · Answer 2 · 2019-05-08T17:16:49-04:00

minergeek804ozki1y minergeek804ozki1y

08-05-2019

The answer is in fact C or create new products

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