Monopolies Usually Keep Their Prices at a Level That Generate

Multiple Choice

Monopolies usually keep their prices at a level that generate a reasonable, but not excessive, return primarily because

A) they want to avoid new competitors entering their market.
B) they want to avoid government regulations on their pricing.
C) they try to satisfy the demands of value-conscious consumers.
D) firms can increase market share more rapidly this way.
E) customers will discontinue use of these products if prices rise.