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With regard to monopolies, Question 28 options: a) political monopolies create inefficiency but economic monopolies do not as long as they are achieved through voluntary
With regard to monopolies, Question 28 options: a) political monopolies create inefficiency but "economic monopolies" do not as long as they are achieved through voluntary trade. b) both political and "economic" monopolies create greater efficiency. c) Both a and b are correct. d) None of the above are correct
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
