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10-06-2024
Business

Answered

A monopolist has complete control over both price and quantity of output.
Select one:
O a. False
O b. True

Answer :

GinnyAnswer GinnyAnswer

10-06-2024

Final answer:

In a monopoly market structure, a monopolist has complete control over price and quantity.

Explanation:

True. A monopolist has complete control over both price and quantity of output. In a monopoly market structure, there is a single seller with significant market power, allowing them to dictate both the price and quantity of goods or services.

Learn more about Monopoly Market Structure here:

https://brainly.com/question/33974857

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