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A monopolist's goal is to _____.

lose money just cover costs maximize profits

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A monopolist's goal is to _____.

lose money just cover costs maximize profits

Answer

A monopolist's goal is to "maximize profits."
The existence of shows when a person or an enterprise is the only source of the particular services, goods, or commodity.
They are the only ones who has the capacity to sell that one, like for example power (electricity), telephone lines, etc.

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 13 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 58 views.

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