Establish the highest price possible as many people allege


Problem

Why don't monopolists try to establish "the highest price possible," as many people allege? What would happen to sales? To profits?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Establish the highest price possible as many people allege
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