If a firm could monopolize a market, it could restrict supply.

Name: If a firm could monopolize a market, it could restrict supply.
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If a firm is a monopolist in the market, it would have the power to restrict the supply and increase prices to maximize profits. This is because there are no close substitutes for the product, and consumers have no option but to pay the monopolist's price. Therefore, a monopolist can control the market supply to maintain higher prices and profits.

If a Firm Could Monopolize a Market, It Could Restrict