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8. Young Johnny inherited the only local cable TV company in town after his father passed away. The company is completely unr

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D. All of the above

Explanation :

Monopoly has power to set whatever price he wants to set. Becouse the firm is only one in monopoly and can not enter any firm. And also consumer are forced to buy at any price monopolist want to sell.monopoly can also earn profit what he wants to earn. If he will charge more, the less customers will buy his product but as we know monopolist are price maker so they can sell at any price at different quantity.

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