Question

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What is the socially optimal price for a regulated monopoly? How does the fair return price...

What is the socially optimal price for a regulated monopoly?
How does the fair return price differ from the socially optimal price?Philosophically, do you believe a company that is producing a non-essential good should be prevented from achieving monopoly status if they abide by the law? Why or why not?

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Rahul Sunny answered 7 months ago
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