Suppose you are advising a mayoral candidate in your town. The candidates platform includes strong opposition to

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Suppose you are advising a mayoral candidate in your town. The candidate’s platform includes strong opposition to monopoly suppliers because consumer welfare is compromised by monopoly pricing. Present your candidate with an alternative view about why it may make sense to tolerate the existence of some monopoly firms.
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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