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The publisher is a monopolist, for they own the exclusive right to sell that specific book. Because of this, they can make more money than if they had to compete with other publishers.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 12 - Pure Monopoly - Discussion Questions - Page 275: 6
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