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Imagine you are part of the regulatory agency of a country. A company ABC has been brought to the attention of the agency as being
Imagine you are part of the regulatory agency of a country. A company ABC has been brought to the attention of the agency as being a monopoly. You have been tasked with figuring out what price the regulatory agency should instruct the company ABC to charge. Discuss why you are being asked to to work on it and some of the challenges that you will face in the process. Will there be any additional challenges if ABC is a natural monopoly?
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