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Consider the following firms. Would you regard any of them as a monopoly? Why or why not? Could you use the monopoly model in analyzing
Consider the following firms. Would you regard any of them as a monopoly? Why or why
not? Could you use the monopoly model in analyzing the choices of any of them?
Explain.
1. the best restaurant in town
2. your barber or beautician
3. your local telephone company
4. your campus bookstore
5. Microsoft
6. Amtrak
7. the United States Postal Service
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