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Under monopoly, what type of control does the monopolist have over the supply of a commodity?
  • a)
    Limited control.
  • b)
    No control.
  • c)
    Partial control.
  • d)
    Full control.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Under monopoly, what type of control does the monopolist have over the...
Under monopoly, the monopolist has full control over the supply of a commodity. They can dictate the quantity supplied and set the price.
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