It Is Sometimes Said That a Manager of a Monopoly

question 46

Essay

It is sometimes said that a manager of a monopoly can charge any price and customers will still have to buy the product.Do you agree or disagree?
Why?

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Definitions:

Chromosome Number

The total number of chromosomes in the nucleus of a cell, which varies among different organisms and is characteristic of each species.

Meiosis I

The first division in the meiosis process, where a single cell divides into two cells containing half the original number of chromosomes, contributing to genetic diversity.

Reduction Division

Another term for Meiosis I, the first division in meiosis where the chromosome number is halved from diploid to haploid.

Autonomic Reflex

An involuntary response mediated by the autonomic nervous system to maintain homeostasis.