A monopolist is a and a monopolistic competitor is . Group of answer choices price searcher; also a price searcher price taker; a price searcher price taker; also a price taker price searcher; a price taker

The correct answer is a) price searcher; also a price searcher.

Explanation:

In the market there are situations known as monopoly where a person or a group of people have control in the market, these people are known as monopolists, and they usually have power in a specific market.

The monopolists are characterized by the dominance of the price and of the products to put it in a market for their potential clients, these are the ones in charge of putting their prices on the products to be competitors before the competition. Likewise, there is a monopoly competitor, who also seeks the best prices to help them be competitive in the market, many monopolists compete with similar products and different prices.

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