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1. Discuss/calculate closed monopoly, natural monopoly, and/or open monopoly. 2. Discuss and illustrate the notion of 'price searcher'. 3. Discuss and exemplify the concept of

1. Discuss/calculate closed monopoly, natural monopoly, and/or open monopoly.

2. Discuss and illustrate the notion of 'price searcher'.

3. Discuss and exemplify the concept of 'limit pricing'.

4. Discuss and calculate 'price discrimination'.

5. Discuss and illustrate the notion-practice of 'deadweight loss'.

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