Monopolies have little or no control over how much they charge for their goods.True or false?

True Or False??????Monopolies have little or no control over how much they charge for their goods.True or false?
False. Monopolies dictate prices.Monopolies have little or no control over how much they charge for their goods.True or false?
Yes they do have control over their pricing, however, if they want to profit maximise they too must observe marginal cost equals marginal revenue and price accordingly.





Like any firm they are dependent on a demand curve.
true. By now, all monopolies are regulated, i.e. the price is set by the government.
False. Since monopolies are the only one selling their goods or services they have COMPLETE control over he price.
true.....do you need an explanation?
false