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21. It is the 1890s and Standard Oil is the monopoly producer of oil in the United States. (20 points total) a) Draw a market

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21. It is the 1890s and Standard Oil is the monopoly producer of oil in the United States. (20 points total) a) Draw a market graph showing Standard Oil's behavior, assuming it operates as a typical single price monopolist as discussed in class. Include all of the usual label (10 points)

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