question archive State True or False and justify your answer: If a rational monopolist is confronted with a dramatic increase in its fixed costs, then this monopolist, ceteris paribus, would have a strong incentive to pass at least some of this fixed cost along to consumers in the form of higher prices for its products
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State True or False and justify your answer:
If a rational monopolist is confronted with a dramatic increase in its fixed costs, then this monopolist, ceteris paribus, would have a strong incentive to pass at least some of this fixed cost along to consumers in the form of higher prices for its products.
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