Question

explain whether a monopolist uses resources efficiently.

Answer 1

Yes they do as they take control of what ever product/s they are selling in the area as they are the only ones selling the product/s and must use everything they have available to make as many as possible as quickly as possible.

Answer 2

Answer:

Yes, since they seize control of whatever product(s) they're selling in the area because they're the only ones selling it, and they have to use everything they have to manufacture as many as possible as quickly as possible.

Explanation:

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