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When a monopolist charges a higher price than a perfectly competitive firm would, the monopolist essentially levies a private tax on consumers. The owners of
When a monopolist charges a higher price than a perfectly competitive firm would, the monopolist essentially levies a "private tax" on consumers. The owners of the monopoly benefit from these transactions at the expense of the consumer. This is an example of a monopoly contributing to Blank______. Multiple choice question. externalities spillovers income equality income inequality
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