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AP Microeconomics
Unit 4 – Imperfect Competition
Topic 4.2
Which of the following is a strategy that can be used by a monopoly to maintain its market power?
Offering differentiated products.
Encouraging new firms to enter the market.
Engaging in predatory pricing.
Lowering prices to attract more customers.
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AP Microeconomics - 4.2 Monopolies
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Monopoly
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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