A monopolist is free to charge whatever price it wishes, to sell a certain level of output.

Name: A monopolist is free to charge whatever price it wishes, to sell a certain level of output.
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Quizplus · Accepted Answer

While a monopolist does have significant control over its prices due to lack of competition, its pricing is still constrained by the demand curve. Higher prices can lead to lower quantities sold, and there are also potential legal and regulatory constraints on pricing.

A Monopolist Is Free to Charge Whatever Price It Wishes