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1 -You would like to start a business that is a monopoly. What are barriers to entry? Why are they important to you? Which ones

1 -You would like to start a business that is a monopoly. What are barriers to entry? Why are they important to you? Which ones would youhope tohaveor use? Discuss how barriers to entry are important toall businesses.

2 -What are the steps that a monopolist will go through in order to determine the profit maximizing output and price to charge?

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