question archive 1)The ability for a monopoly firm to increase its price depends mainly on: A
1)The ability for a monopoly firm to increase its price depends mainly on: A
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1)The ability for a monopoly firm to increase its price depends mainly on:
A. the number of firms in the industry.
B. the more price elastic its goods/service is.
C. the less elastic its goods/services.
Explain your answer.
2)What are two types of oligopoly?
Option 1
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