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Are very large fi rms economically justifiable What are the pros and cons of bigness? 2. A monopolist can control her price or the quantity she sells but she can’t control both Explain this

1. Are very large fi rms economically justifiable? What are the pros and cons of bigness?

2. A monopolist can control her price or the quantity she sells, but she can’t control both. Explain this statement.

3. Make the case for natural monopolies.

Apr 24 2020 View more View Less

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