How does a monopoly control the price of its product?

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07-06-2015
Business

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How does a monopoly control the price of its product?

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rachelweller89 rachelweller89 · Answer 1 · 2015-06-07T15:25:00-04:00

rachelweller89 rachelweller89

07-06-2015

It controls the price by seeing how much it up or down by how much people want it or how much they have or sometimes the low amount they have the higher the pice with more demand.

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