It is true in monopoly pricing that the
A)sky is not the limit.
B)market cannot impose a price on a monopolist.
C)monopolist is a price maker.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

In monopoly pricing, the monopolist is a price maker and the market cannot impose a price on them. However, the price is not limitless as it is constrained by consumer demand and potential regulation.

It Is True in Monopoly Pricing That the