The controller of a monopoly sets the price of goods by charging

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The controller of a monopoly sets the price of goods by charging the price at which the profit is maximized.

Expert answered|sipichapie|Points 3154|

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Asked 3/8/2012 3:19:15 PM

Updated 8/16/2015 8:26:47 AM

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Edited by Janet17 [8/16/2015 8:26:43 AM], Confirmed by Janet17 [8/16/2015 8:26:47 AM]

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the controller of monopoly sets the price of goods by charging

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Updated 8/16/2015 8:21:29 AM

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jhyce

The controller of a monopoly sets the price of goods by charging the price at which profit is maximized.

Added 8/16/2015 8:21:29 AM

This answer has been confirmed as correct and helpful.

Confirmed by Janet17 [8/16/2015 8:26:18 AM], Rated good by Janet17

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