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One of the characteristics of a monopolist is that, he can influence

One of the characteristics of a monopolist is that, he can influence
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Quantity produced by other producers
  • B Prices charged by other producers
  • C Both price and quantity
  • D Price or quantity
Correct Answer: Option C
Explanation:
Monopoly characteristics include profit maximizer, price maker, high barriers to entry, single seller, and price discrimination.

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