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Consider a monopolist who cannot price discriminate. She has a total cost function C(q) = q^2 and faces an inverse demand function p = a - q, where a is a positive
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/cdn.vox-cdn.com/uploads/chorus_asset/file/12742467/acastro_180828_1777_facebook_0001.jpg "FTC says Facebook has been a monopoly 'since at least 2011' in amended antitrust complaint - The Verge")
FTC says Facebook has been a monopoly 'since at least 2011' in amended antitrust complaint - The Verge
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Google was just hit with an antitrust lawsuit from the DOJ. Here's what 'antitrust' means and how 'trust-busting' laws attempt to keep the biggest firms in US history from growing too powerful.
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SOLVED: A monopolist manufactures and sells two competing products, call them I and II, that cost 36 and23 per unit, respectively, to produce. The revenue from marketing x units of product I
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