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4. There is a monopolist in a market for a particular type of consumer goods. It is costlyr to create new types of products (brands)

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4. There is a monopolist in a market for a particular type of consumer goods. It is costlyr to create new types of products (brands) in this market, but consumers have different taste and thus some will prefer the new.r brand. Will the monopolist create too few brands or too many? Explain

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