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Find an article that discusses an example of a monopoly. Explain why a monopoly exists in this case and how competition might have different outcomes.
Find an article that discusses an example of a monopoly. Explain why a monopoly exists in this case and how competition might have different outcomes. Make sure to refer to consumer surplus, producer surplus, and social surplus, as well as the effect of monopoly on them. Post a link to the article. Refer to at least one of the articles in the reading list.
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