1. Construct a diagram to show the loss of consumer surplus in a monopoly/ collusive oligopoly. 2....

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1. Construct a diagram to show the loss of consumer surplus in a monopoly/ collusive oligopoly. 

2. Explain why a government may intervene in this situation. (Make sure to identify the different stakeholders.)

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Economics Course Book 2020

ISBN: 9781382004961

2020 Edition

Authors: Jocelyn Blink, Ian Dorton

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