6. Natural monopolies can still cause deadweight losses. To limit these losses, governments sometimes impose public ownership
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6. Natural monopolies can still cause deadweight losses.
To limit these losses, governments sometimes impose public ownership and at other times impose price regulation.
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Related Book For
Essentials Of Economics
ISBN: 9781429218290
2nd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
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