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What is the social cost of the output decision of a profit maximizing firm assuming that the firm is the only producer in a market.
What is the social cost of the output decision of a profit maximizing firm assuming that the firm is the only producer in a market. And what happens if the government forces the monopoly firm to lower its price, how would the output of the firm increase
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Essentials of Business Driven Information Systems
Authors: Paige Baltzan, Amy Phillips
1st edition
1260004716, 978-0073376721
