Question: Which of the following could result in a monopolist being a price taker?
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a.the existence cof potential compefition
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b.the absence of substitute good
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c.a maximum price set by the government
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d.constant returns to scale
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e.None of the above
Answer: c
 the existence cof potential compefition b) the absence of substitute good c) a maximum price set by the government d) constant returns to scale e) None of the above Ans. c) a maximum price set by the government
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