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A monopolist A. can change whatever price it wants because it is the only firm producing the good B. faces a demand curve that is

A monopolist

A. can change whatever price it wants because it is the only firm producing the good

B. faces a demand curve that is more elastic than the demand curve for the industry

C. can usually keep price equal to marginal revenue by lowering the price on the last unit sold only

D. is constrained in its pricing decisions by the demand curve it faces.

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