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You are to watch a video clip from the Economics of Seinfeld(The Soup Nazi) http://yadayadayadaecon.com/clip/67/ What are the conditions that exist in the video for

You are to watch a video clip from the Economics of Seinfeld(The Soup Nazi)

http://yadayadayadaecon.com/clip/67/

  1. What are the conditions that exist in the video for the monopolist to achieve monopoly power?

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