Choices & change : microeconomics. Monopoly. Part 3

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Summary

Monopoly explores the creation of a monopoly through a city's newspaper war, highlighting the differences between perfect competition and monopoly and the similarity that profit maximizing/loss min...

Monopoly explores the creation of a monopoly through a city's newspaper war, highlighting the differences between perfect competition and monopoly and the similarity that profit maximizing/loss minimizing level of output occurs where MA=MC.

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