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1- Can a monopoly be good for society? Please explain and provide examples 2- Many years ago Ma Bell was split into what was called

1- Can a monopoly be good for society? Please explain and provide examples

2- Many years ago "Ma Bell" was split into what was called "Baby Bells". Over the past several years, those "Baby Bells" have been taking over other communication companies. Should consumers be concerned about a lack of competition with these mergers? Please explain.

3- Can a lone day trader compete with institutional investors? Please explain.

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