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Q1) Explain situations in which a monopoly can generate economic outcomes which are socially desirable.( using graph)~ - explain1st and 2nd degree price discrimination.~ -
Q1) Explain situations in which a monopoly can generate economic outcomes which are socially desirable.( using graph)~ - explain1st and 2nd degree price discrimination.~ - explain the issues that arise with natural monopolies and government regulation - Using SCP, explain monopolist with lower costs than a competitive market can achieve outcomes
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