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Explain the role of government intervention with monopolies. Graph the socially optimal price and fair return price for a monopolist. Graph the profit maximizing output
- Explain the role of government intervention with monopolies.
- Graph the socially optimal price and fair return price for a monopolist.
- Graph the profit maximizing output point for an unregulated monopolist.
In theDiscussion #6: Impact of Government Interventionstopic, please post a discussion that takes the viewpoint of either: 1) for government intervention or 2) against government intervention. As you are formulating your discussion posting ensure it refers to some of the following issues:
- companies may be private, public or nationalized
- what are your thoughts on governments: 1) setting prices; 2) imposing special taxes; 3) creating the Competition Act
- What is a markets purpose in terms of: 1) free vs. regulated markets; 2) purpose of competition; 3) consumer demand
Besides words, you can illustrate your point with real examples, graphs, and currents news from online sources.
POST ALL REFERENCES , . THANK YOU ! kindly two para..... graphs would be recommenced
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