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    A monopolist

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    It has been argued that a country to international trade is a great antitrust policy. What impact would the threat of imports have on a monopolist who had never before been faced with foreign competition? How would the monopolist respond concerning the quantity produced and the price charged in the domestic market?

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    A monopolist has no competition in the domestic market, leave alone the threat of any foreign competitors snatching away its market share. Because of government policies, if ...

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    A monopolist is summarized.