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what is fixed supply of monopolistics
2 years ago

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The fixed supply of a monopolistic market is the total amount of a good or service that is available for purchase at a given price. This is determined by the monopolist and is usually set at a level that maximizes profits. The fixed supply of a monopolistic market is usually lower than the total amount of the good or service that could be produced, as the monopolist seeks to limit the amount of competition in the market.
2 years ago

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